Pensions (Amendment) Act, 2002

Amendment of section 30 of Principal Act.

19.—Section 30 of the Principal Act is amended—

(a) by the substitution for subsection (4) of the following subsection:

“(4) Subject to subsections (5) and (6), the appropriate contributions shall be the contributions paid by or in respect of the member concerned for the purposes of long service benefit from—

(a) in the case of a member who is entitled to a preserved benefit under section 28(2)(a), 1 January 1991 or, if later, the date of the commencement of the relevant employment,

(b) in the case of a member who is entitled to a preserved benefit under section 28(2)(b), the date of the commencement of the relevant employment,

but excluding additional voluntary contributions and any payment representing a transfer of accrued rights from another scheme.”;

(b) by the substitution in the proviso to subsection (5) for “the commencement of this Part”, in each place where those words occur, of “1 January 1991”;

(c) by the substitution in subsection (6)—

(i) for “another scheme” of “another occupational pension scheme”; and

(ii) for “that scheme” of “that occupational pension scheme”;

and

(d) by the substitution in the proviso to subsection (6)—

(i) for “that scheme” of “that occupational pension scheme”;

(ii) for “the commencement of this Part” of “1 January 1991”; and

(iii) for “such commencement” of “that date”.