31.—(1) The Pension Schemes Act is amended in accordance with paragraphs (2) to (7).
(2) In section 16(3)(1) (transfer of accrued rights) omit “and sections 27 and 29”.
(3) Omit section 29(2) (tax requirements to prevail over certification requirements).
(4) In section 38A(3) (reduced rates of Class 1 contributions, and rebates)—
(a)in subsection (3)(4) for “trustees or managers of the scheme” substitute “earner”;
(b)for subsection (5A)(5) substitute—
“(5A) Where a payment under subsection (3) is due in respect of an earner, HMRC(6) are not required to make the payment if they determine that the cost to them of administering the payment would exceed the amount of the payment.”.
(5) In section 39 (payment of minimum contributions to personal pension schemes)—
(a)in subsection (2) for “trustees or managers of the earner’s chosen scheme” substitute “earner”;
(b)for subsection (6A)(7) substitute—
“(6A) Where a payment under subsection (1) is due in respect of an earner, HMRC are not required to make the payment if they determine that the cost to them of administering the payment would exceed the amount of the payment.”.
(6) In section 160(2)(8) (Crown employment) omit paragraph (a).
(7) In section 176(4)(9) (general interpretation) omit “27,”.
32. In regulation 37 of the Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996(10) (circumstances in which the age-related payments are not to be paid) omit paragraphs (1A) and (2) to (7).
33. In regulation 12 of the Personal Pension Schemes (Appropriate Schemes) Regulations (Northern Ireland) 1997(11) (circumstances in which minimum contributions are not to be paid) omit paragraphs (1A) and (2) to (9).
Section 16(3) was amended by Article 4(2) of this Order
Section 29 was amended by Article 8(5) of S.I. 2006/745 and Article 4(4) of this Order
Section 38A was inserted by Article 134(4) of the Pensions (Northern Ireland) Order 1995
Subsection (3) was amended by paragraph 52(2) of Schedule 1 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999 and by Article 4(8)(a) of this Order
Subsection (5A) was inserted by Article 4(8)(b) of this Order
The definition of “HMRC” is inserted by paragraph 34(2)(a) of Schedule 4 to the Pensions Act (Northern Ireland) 2008 (c. 1 (N.I.))
Subsection (6A) was inserted by Article 4(9) of this Order
Section 160(2) was substituted by Article 4(19) of this Order
Subsection (4) was amended by Schedule 11 to the Pensions (Northern Ireland) Order 2005 and Article 4(24)(b) of this Order
S.R. 1996 No. 493; regulation 37 was amended by paragraph 1(a) of Schedule 2 to S.I. 2005/3029 and is amended by Article 12(6) of this Order
S.R. 1997 No. 139; regulation 12 was amended by paragraph 2 of Schedule 2 to S.I. 2005/3029 and regulation 6 of S.I. 2005/3164 and is amended, by Article 19 of this Order