Pension Schemes Act (Northern Ireland) 2021

14.  Section 34 (when it becomes clear that authorisation not to be withdrawn) has effect as if—

(a) in subsection (1)—

(i) after “2” there were inserted “or 2A”;

(ii) after “withdrawn” there were inserted “or refused”;

(b) in the table in subsection (3), in the first column (triggering event) for “Item 1 or 2” (in both places) there were substituted “Item 1 or 2 or 2A (decision to refuse to authorise existing Master Trust scheme)”;

(c) in that table, in the first row for item 1 or 2 or 2A, in the second column (circumstances)—

(i) in point 1, after “determination” there were inserted “or decision”;

(ii) in point 2, after “withdrawn” there were inserted “or refused”;

(d) in that table, in the second row for item 1 or 2 or 2A, in the second column (circumstances), in point 2, after “withdrawn” there were inserted “or refused”;

(e) in subsection (4), at the end there were added—

“(c) section 6(3), in a case where that section applies.”;

(f) in the section heading, at the end there were added “or refused”.