The Occupational Pension Schemes (Collective Money Purchase Schemes) (Amendment) Regulations 2024

The Secretary of State for Work and Pensions makes these Regulations in exercise of the powers conferred by sections 18(4), 20(5)(c), 36(2)(b) and (6), and 51(2) and (3)(b) of the Pension Schemes Act 2021. A draft of these Regulations has been laid before and approved by a resolution of each House of Parliament in accordance with section 51(5) of the Pension Schemes Act 2021. The Secretary of State has exercised his discretion under section 51(6) of the Pension Schemes Act 2021 to make regulations subject to affirmative resolution procedure which would otherwise be subject to negative resolution procedure.