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SCHEDULES

SCHEDULE 4Regulatory oversight

2.—(1) Article 2 (general interpretation) is amended as follows.

(2) In paragraph (2), after the definition of “occupational pension scheme” insert—

“pension board” has the same meaning as in the Public Service Pensions Act (Northern Ireland) 2014 (see section 5 of that Act);.

(3) After the definition of “professional adviser” in that paragraph insert—

“public service pension scheme” means, subject to paragraph (6A)—

(a)

a scheme under section 1 of the Public Service Pensions Act (Northern Ireland) 2014 (new public service schemes);

(b)

a new public body pension scheme (within the meaning of that Act);

(c)

any statutory pension scheme which is connected with a scheme referred to in paragraph (a) or (b) (and for this purpose “statutory pension scheme” and “connected” have the meanings given in that Act);.

(4) After the definition of “the Regulator” in that paragraph insert—

“scheme manager”, in relation to a public service pension scheme, has the same meaning as in the Public Service Pensions Act (Northern Ireland) 2014 (see section 4 of that Act);.

(5) After paragraph (6) insert—

(6A) A scheme which would otherwise fall within the definition of “public service pension scheme” in paragraph (2) does not fall within that definition if—

(a)it is an injury or compensation scheme (within the meaning of the Public Service Pensions Act (Northern Ireland) 2014), or

(b)it is specified in an order made by the Department after consulting the Department of Finance and Personnel..