Citation and commencement1
These Regulations may be cited as the Occupational and Personal Pension Schemes (Automatic Enrolment) (Amendment No. 3) Regulations (Northern Ireland) 2012 and shall come into operation on 1st November 2012.
Amendment of the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations2
In regulation 36 of the Occupational and Personal Pension Schemes (Automatic Enrolment) Regulations (Northern Ireland) 2010 M1 (certain schemes providing average salary benefits excluded from being qualifying schemes)—
a
in paragraph (2) for sub-paragraph (c) substitute—
c
a discretionary power may be exercised in the revaluation of such benefits,
b
in paragraph (4)—
i
in sub-paragraph (a) omit “in relation to a scheme which has members on 1st July 2012,”;
ii
in sub-paragraphs (b) and (c) omit “in relation to any scheme,”.
Sealed with the Official Seal of the Department for Social Development on 26th October 2012