Chwilio Deddfwriaeth

Pensions Act (Northern Ireland) 2015

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).

Section 45.

SCHEDULE 19PROHIBITION ORDERS: CONSEQUENTIAL AMENDMENTS

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The Pensions (Northern Ireland) Order 1995 (NI 22)

1.  The 1995 Order is amended as follows.

2.  In Article 6 (removal or suspension of trustees: consequences)—

(a)in paragraphs (1) and (3), after “Article 3” insert “or 3A”;

(b)in paragraph (4), after “Article 3” insert “, 3A”.

3.  In Article 7 (appointment of trustees), in paragraph (1), after “Article 3,” insert “by Article 3A”.

4.  In Article 9 (removal and appointment of trustees: property), after “a trustee” insert “or a trustee is removed under Article 3A”.

The Pensions (Northern Ireland) Order 2005 (NI 1)

5.  The 2005 Order is amended as follows.

6.  In Article 7 (functions exercisable by the Determinations Panel), in paragraph (6), after sub-paragraph (e) insert—

(ea)Article 3A(3) of that Order (application for waiver of prohibition);.

7.  In Article 61 (register of prohibited trustees), in paragraph (1), for the words from “of all” to the end substitute

(“the prohibition register”) of—

(a)all persons who are prohibited under Article 3 of the 1995 Order, and

(b)all persons appearing to the Regulator to be prohibited under Article 3A of that Order..

8.  In Article 91 (Pensions Regulator’s regulatory functions: standard procedure), in paragraph (6), after sub-paragraph (i) insert—

(ia)the power under Article 3A(3) of that Order to give a notice waiving a prohibition;.

9.  In Article 92 (Pensions Regulator’s regulatory functions: special procedure), in paragraph (5), after sub-paragraph (j) insert—

(ja)the power under Article 3A(3) of that Order to give a notice waiving a prohibition;.

10.—(1) Schedule 2 (Pensions Regulator’s reserved regulatory functions) is amended as follows.

(2) After paragraph 5 insert—

The power under Article 3A(3) to give a notice waiving a prohibition..

(3) In paragraph 9(a), after “orders)” insert “or by Article 3A”.

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