Introductory Text
PART 1
1.Citation and commencement
2.Interpretation
PART 2
3.Establishment of the National Employment Savings Trust
4.Trustee
5.Appointment of members of the corporation
6.Consultation of members and employers
7.Establishment of the panels
8.Composition and functions of the panels
9.Payments to members of the panels
PART 3
10.Disclosure of requested data to the Secretary of State
11.Disclosure of relevant personal data to the Secretary of State
12.Disclosure: references to the Secretary of State
13.Protection
14.Steps for increasing awareness of the Scheme
15.Power to make rules
16.Application of the Trustee Act 2000
17.Information about the Scheme
PART 4
18.Duty to admit employers
19.Duty to admit members
20.Transitory provision
21.Members’ accounts
PART 5
22.Annual contribution limit
23.Annual contribution limit: meaning of contributions
24.Annual contribution limit: refund of excess contributions
25.Timing of contributions
26.Multiple employment
27.Deductions from members’ accounts
28.Power to invest the Scheme’s assets
29.Investment and default investment funds
30.Acceptance by trustee of cash transfer sums
31.Pension sharing
32.Benefits
Signature
Explanatory Note