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1. This Order may be cited as the Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order (Northern Ireland) 2024 and shall come into operation on 31st March 2024.
2. For the purposes of Article 160 of the Pensions (Northern Ireland) Order 2005 (amounts to be raised by the pension protection levies), the levy ceiling for the financial year beginning on 1st April 2024 is £1,349,215,811.
3. The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) Order (Northern Ireland) 2023(1) is revoked.
Sealed with the Official Seal of the Department for Communities on 26th February 2024
(L.S.)
David Tarr
A senior officer of the Department for Communities
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