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The Occupational and Personal Pension Schemes (Prescribed Bodies) Regulations (Northern Ireland) 2007
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3. In the Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996(1)—
(a)in regulation 1(2) (interpretation) after the definition of “age-related payment” insert—
““the Board for Actuarial Standards” means the operating body of that name of the Financial Reporting Council;”, and
(b)for regulation 23(a) (requirements for meeting the statutory standard) substitute—
“(a)must follow guidance note GN 28 adopted or prepared, and from time to time revised, by the Board for Actuarial Standards, and approved by the Department;”.
(1)
S.R. 1996 No. 493 to which there are amendments not relevant to these Regulations
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