Commentary on Sections Part 4: Money Purchase Benefits Section 29: Consequential and supplementary
Section 29 provides a power, by regulations, to make consequential or supplementary provision in relation to the amendments made by section 27. Subsection 2 amends Article 280 of the 2005 Order to allow provisions of that Order relating to scheme funding to be modified in relation to hybrid schemes, multi-employer schemes or partnerships. For example, this would allow provision to be made for hybrid schemes which provide both money purchase and defined benefits, so that regulatory requirements could be separately applied to different parts of the scheme.