PART 3ENACTMENTS RELATING TO PENSIONS
Pensions (Northern Ireland) Order 1995 (S.I. 1995/3213 (N.I. 22))
Restriction on employer-related investments152
1
Article 40 of the Pensions (Northern Ireland) Order 1995 (employer-related investments) is amended as follows.
2
In paragraph (2) the definition of “securities” is repealed.
3
After that paragraph, insert—
2A
In paragraph (2)(a) “securities” does not include government or other public securities.
2B
Sub-paragraph (a) of paragraph (2) and paragraph (2A) must be read with—
a
section 22 of the Financial Services and Markets Act 2000;
b
any relevant order under that section; and
c
Schedule 2 to that Act.