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The Pension Protection Fund (Pension Compensation Cap) Order (Northern Ireland) 2006
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- 2006 No. 50
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Citation and commencement
1. This Order may be cited as the Pension Protection Fund (Pension Compensation Cap) Order (Northern Ireland) 2006 and shall come into operation on 1st April 2006.
The compensation cap
2. The amount specified for the purposes of paragraph (a) of the definition of “the compensation cap” in paragraph 26(7) of Schedule 6 to the Pensions (Northern Ireland) Order 2005 (pension compensation provisions) shall be £28,944.45.
Revocation
3. The Pension Protection Fund (Pension Compensation Cap) Order (Northern Ireland) 2005(1) is revoked.
Sealed with the Official Seal of the Department for Social Development on 16th February 2006.
L.S.
John O'Neill
A senior officer of the
Department for Social Development
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