PART 2 N.I.Amendments coming into operation on 6th April 2012

Amendment of the Occupational Pension Schemes (Contracting-out) RegulationsN.I.

6.—(1) The Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996 M1 are amended in accordance with paragraphs (2) to (18).

(2) In regulation 1(2) (interpretation) in the definition of “overseas scheme”M2 omit “or (3)”.

(3) In regulation 3(2)(g)(i) M3 (notices by employers of intended election) omit “whether the employment would be contracted out by reference to a salary related or money purchase contracted-out scheme and”.

(4) In regulation 6 (information to be included in an election) omit paragraph (4).

(5) In regulation 9(3)(b) (making of elections by employers for the variation or surrender of contracting-out certificates) omit “in the case of a money purchase contracted-out scheme, the protected rights under, or in the case of any other scheme,”.

(6) In regulation 10(1)(a) (special provision with regard to elections for the issue, variation or surrender of certificates where the employment remains contracted out) omit “, or for protected rights, as the case may be,”.

F1(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(8) Omit regulation 30 (further contracting-out requirements for money purchase contracted-out schemes).

(9) In regulation 31(3)(a) M4 (deduction of minimum payments from earnings) after “section 38B of the Act” insert “ as it had effect immediately prior to the abolition date ”.

(10) In regulation 32(1) (minimum payments to be made by employers to trustees)—

(a)for “section 4(1) of the Act” substitute “ section 4(1A) M5 of the Act ”;

(b)for “employment is contracted out” substitute “ employment was contracted out ”.

(11) Omit regulation 39 M6 (circumstances in which schemes may change mode of contracting out).

(12) Omit regulation 40 M7 (schemes which may not be contracted out under section 5(3) of the Act).

F2(13) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3(14) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(15) In regulation 45(2) (approval of arrangements for schemes ceasing to be contracted out) omit “, section 24(2)(b) and (3) of the Act (transfer of protected rights)”.

F4(16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F5(17) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(18) In regulation 62(3) (fixed rate revaluation of guaranteed minimum pensions for early leavers)—

(a)omit “or section 24 (ways of giving effect to protected rights)”;

(b)for “those provisions” substitute “ that provision ”.

Textual Amendments

Marginal Citations

M1S.R. 1996 No. 493; relevant amending provisions are S.R. 1997 Nos. 160 and 162, S.R. 1999 No. 486, S.R. 2001 No. 118, S.R. 2002 No. 109, S.R. 2005 No. 568, S.I. 2005/3377, S.I. 2006/744, S.R. 2007 Nos. 185 and 457, S.I. 2008/1903 and S.R. 2009 No. 113

M2The definition of “overseas scheme” was substituted by regulation 4(2) of S.R. 2007 No. 185 and amended by regulation 6(b) of S.R. 2007 No. 457

M3Regulation 3(2)(g) was amended by regulation 2(2)(b) of S.R. 2002 No. 109

M4Regulation 31(3) was amended by regulation 2(11)(b) of S.R. 2002 No. 109

M5Section 4(1A) is inserted by paragraph 3(3) of Schedule 4 to the Pensions Act (Northern Ireland) 2008

M6Regulation 39 was amended by regulation 3(2) of S.R. 1997 No. 162 and Article 3(4) of S.R. 2009 No. 113

M7Regulation 40 was amended by regulation 3 of S.R. 2001 No. 118 and Article 28(8) of S.I. 2006/744