284 Restrictions on commutation and age at which benefits may be received

284  Restrictions on commutation and age at which benefits may be received

(1)     For section 21(1) of the Pension Schemes Act 1993 (commutation of guaranteed minimum pensions) substitute—

“(1)     A scheme may, in such circumstances and subject to such restrictions and conditions as may be prescribed, provide for the payment of a lump sum instead of a pension required to be provided by the scheme in accordance with section 13 or 17.”

(2)     In section 17

Powered by Lexis+®

Popular documents