PART 4Pensions flexibilities

CHAPTER 3Drawdown, conversion of benefits and lump sums

Northern Ireland

66Sections 61 to 63: consequential amendments

1

In section 97AI of the Pension Schemes (Northern Ireland) Act 1993 (early leavers: cash transfer sums and contribution refunds - further provisions), in subsection (7)—

a

in paragraph (a), after sub-paragraph (vii) insert—

viii

section 61 of the Pension Schemes Act 2015;

ix

regulations made under section 62 or 63 of the Pension Schemes Act 2015;

b

in paragraph (b), after sub-paragraph (v) insert—

vi

section 61(3) of the Pension Schemes Act 2015;

vii

regulations made under section 62(4) or 63(4) of the Pension Schemes Act 2015.

2

In Article 67A of the Pensions (Northern Ireland) Order 1995 (S.I. 1995/3213 (N.I. 22)) (the subsisting rights provisions: interpretation), in paragraph (9)—

a

in sub-paragraph (a), after head (vii) insert—

viii

section 61 of the Pension Schemes Act 2015;

ix

regulations made under section 62 or 63 of the Pension Schemes Act 2015;

b

in sub-paragraph (b), after head (v) insert—

vi

section 61(3) of the Pension Schemes Act 2015;

vii

regulations made under section 62(4) or 63(4) of the Pension Schemes Act 2015.

3

In Article 2 of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)) (interpretation), in paragraph (4)—

a

in sub-paragraph (a), after head (vii) insert—

viii

section 61 of the Pension Schemes Act 2015;

ix

regulations made under section 62 or 63 of the Pension Schemes Act 2015;

b

in sub-paragraph (b), after head (v) insert—

vi

section 61(3) of the Pension Schemes Act 2015;

vii

regulations made under section 62(4) or 63(4) of the Pension Schemes Act 2015.