Pension Schemes Act 2021

Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1))

25 (1) Article 282 (admissibility of statements) is amended as follows.

(2) In paragraph (3)(b)—

(a) after “financial penalty” insert “on a relevant ground”;

(b) after “virtue of—” insert—

“(ai) Article 83A (financial penalties),”;

(c) for head (i) (and the “or” following it) substitute—

“(i) section 164 of the Pension Schemes Act (breach of regulations),

(ia) Article 10 of the 1995 Order (civil penalties),

(ib) paragraph 10 of Schedule 17 to the Pensions Act (Northern Ireland) 2015 (penalties for contravention of regulations etc),

(ic) paragraph 3 of Schedule 18 to that Act (penalties for contravention of regulations etc),”;

(d) for head (ii) substitute—

“(ii) section 168 of the Pension Schemes Act 1993 (breach of regulations),

(iii) section 10 of the Pensions Act 1995 (civil penalties),

(iv) section 88A of the Pensions Act 2004 (financial penalties),

(v) section 238G of that Act (penalties for contravention of regulations under section 238D),

(vi) paragraph 10 of Schedule 17 to the Pensions Act 2014 (penalties for contravention of regulations etc), or

(vii) paragraph 3 of Schedule 18 to that Act (penalties for contravention of regulations etc).”

(3) After paragraph (3) insert—

“(3A) For the purposes of this Article a financial penalty is payable on a relevant ground if it is payable otherwise than under—

(a) Article 83A as it applies by virtue of—

(i) Article 75A (financial penalty for providing false or misleading information to Regulator), or

(ii) Article 75B (financial penalty for providing false or misleading information to trustees or managers), or

(b) section 88A of the Pensions Act 2004 as it applies by virtue of—

(i) section 80A of that Act (financial penalty for providing false or misleading information to Regulator), or

(ii) section 80B of that Act (financial penalty for providing false or misleading information to trustees or managers).”

(4) In paragraph (4), in the definition of “information requirement”, after paragraph (c) insert—

“(“ca)

Article 67A (requirement to attend interview etc);”.