Commencement
445.The following provisions will come into force on Royal Assent:
	Section 5, section 6 and Part 5 of Schedule 1 insofar as they relate to the up-rating of the standard minimum guarantee;
	Section 18(4) to (11) relating to initial payments under the financial assistance scheme, and section 19, relating to the temporary restriction on purchasing annuities;
	Part 3 of the Act, relating to the establishment of the Personal Accounts Delivery Authority; and
	Part 4 (general provisions).
446.The following provisions will come into force on such day as the Secretary of State may by order appoint:
	Section 14, which relates to the conversion of guaranteed minimum pensions;
	Section 15(1), Part 2 ofSchedule 4 and Part 7 of Schedule 7 relating to the abolition of contracting-out for defined contribution schemes;
	Section 17, Schedule 5 and Part 8 of Schedule 7 relating to the removal of the Secretary of State’s role in the approval of actuarial guidance notes; and
	Section 18(1) to (3), relating to annual payments under the financial assistance scheme.
447.The other provisions of the Act will come into force two months after Royal Assent.