Pension Schemes Bill
to be moved
ON THIRD READING
LORD BOURNE OF ABERYSTWYTH
Page 100, line 8, leave out from “period” to end of line 11 and insert “required by
section 91(1A) or (6A).
(1A) A member of a pension scheme loses the right to take a cash
equivalent in accordance with this Chapter if, after the member
makes an application under section 91, the duty of the trustees or
managers to do what is needed to carry out what the member
requires is extinguished by section 95(2A).
(1B) Nothing in subsection (1) or (1A) prevents the member from later
acquiring a new right to take a cash equivalent in relation to the