The Pensions Commutation (Amendment) Regulations 1977

Type Statutory-Instrument
Publication 1977-01-12
State In force
Department Westlaw
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Made: 12th January 1977

Coming into Operation: 10th February 1977

The Minister for the Civil Service, in exercise of the powers conferred by sections 4 and 7 of the Pensions Commutation Act 1871 and section 3 of the Pensions Commutation Act 1882, and now vested in him[^f00001], and of all other powers enabling him in that behalf, hereby makes the following Regulations:—

1

These Regulations may be cited as the Pensions Commutation (Amendment) Regulations 1977, and shall come into operation on 10th February 1977.

2

The Interpretation Act 1889 shall apply for the interpretation of these Regulations as it applies for the interpretation of an Act of Parliament.

3

The Pensions Commutation Regulations 1968, as amended[^f00002], shall be further amended by substituting for Regulation (1) thereof, the following Regulation:—

(9) (1) There shall be charged in respect of the commutation of any pension or any portion of a pension a fee of 1½ per cent. on the amount awarded; provided that such fee shall not be less than £10 or more than £75 in any case.

Signed

Given under the official seal of the Minister for the Civil Service on 12th January 1977.

Charles R. Morris — Minister of State — Civil Service Department

Explanatory note

EXPLANATORY NOTE

These Regulations increase the fee chargeable under the Pensions Commutation Regulations 1968 for the commutation of a pension or portion of a pension.

Footnotes

[^f00001]: S.I. 1968/1656 (1968 III, p. 4485).

[^f00002]: S.I. 1974/734, 1441 (1974 I, p. 2805; II, p. 5545).

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