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The Pensions (2015 Act) (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order (Northern Ireland) 2016

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Amendment of the Occupational Pension Schemes (Indexation) Regulations

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9.  In regulation 1(2) (interpretation) of the Occupational Pension Schemes (Indexation) Regulations (Northern Ireland) 1997(1)—

(a)omit the definition of “abolition date”(2);

(b)after the definition of “appointed day” insert—

““the first abolition date” has the meaning given in section 176(1)(3) of the Act;”;

(c)in the definition of “protected rights”(4) before “abolition date” insert “first”;

(d)for the definition of “section 5(2B) rights”(5) substitute—

““section 5(2B) rights” has the meaning given in regulation 2(1) of the Occupational Pension Schemes (Schemes that were Contracted-out) Regulations (Northern Ireland) 2016;”.

(1)

S.R. 1997 No. 8; relevant amending provisions are S.R. 2005 No. 170 and S.R. 2012 No. 124

(2)

The definition of “abolition date” was inserted by Article 16(a) of S.R. 2012 No. 124

(3)

The definition of “the first abolition date” was inserted by paragraph 42(2) of Schedule 13 to the Pensions Act (Northern Ireland) 2015

(4)

The definition of “protected rights” was inserted by Article 16(b) of S.R. 2012 No. 124

(5)

The definition of “section 5(2B) rights” was inserted by regulation 3(b) of S.R. 2005 No. 170

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