The Pension Schemes Act 2021 (Commencement No. 5 and Transitional Provision) Order (Northern Ireland) 2022

Provisions coming into operation on 1st August 2022N.I.

3.  The day appointed for the coming into operation of the following provisions of the Act is 1st August 2022—

(a)Part 2 (collective money purchase benefits: Northern Ireland) in so far as it is not in operation, except for paragraph 20 of Schedule 6 (collective money purchase benefits: minor and consequential amendments) and section 99 and paragraph 11 in so far as they relate to paragraph 20;

(b)paragraph 10 of Schedule 8 (inspection of premises) in so far as it is not in operation;

(c)paragraph 12 of Schedule 8 (provision of false or misleading information to Regulator) in so far as it inserts paragraph (2)(c)(v) of Article 75A into the Pensions (Northern Ireland) Order 2005(1) (financial penalty for providing false or misleading information to Regulator);

(d)section 117(a) and paragraph 1 of Schedule 8 in so far as they relate to the provisions specified in paragraphs (b) and (c);

(e)section 117(b) and Part 2 of Schedule 8 in so far as they are not in operation;

(f)paragraph 16 of Schedule 11 (categories of pension schemes: repeal of provisions of Pension Schemes Act (Northern Ireland) 2016), except for sub-paragraph (c) in so far as it omits section 44 of the Pension Schemes Act (Northern Ireland) 2016(2) (removal of requirement to maintain register of independent trustees), and

(g)section 129(b) (further provision relating to pension schemes: Northern Ireland) in so far as it relates to the provisions specified in paragraph (f).

Commencement Information

I1Art. 3 in operation at 1.8.2022

I2Art. 3 in operation at 27.7.2022, see Rule

(1)

S.I. 2005/255 (N.I. 1); Article 75A was inserted by paragraph 12 of Schedule 8 to the Pension Schemes Act 2021