The Pensions (2015 Act) (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order (Northern Ireland) 2016 No. 158

PART 2 Amendments coming into operation on 6th April 2016

Amendment of the Occupational Pension Schemes (Transfer Values) Regulations

7.  For regulation 13(a)(ii) of the Occupational Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1996(1) (extension of time limits for payment of cash equivalents) substitute—

“(ii) the scheme has ceased to be a contracted-out scheme in the 12 month period ending on the date of the application (whether by virtue of the abolition of contracting-out for salary related schemes under the Pensions Act (Northern Ireland) 2015 or otherwise);”.

(1)

S.R. 1996 No. 619 to which there are amendments not relevant to this Order