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The Pensions (Northern Ireland) Order 1995

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The Pension Schemes (Northern Ireland) Act 1993 (c. 49)

12.  The Pension Schemes Act is amended as follows.

13.  In section 2 (registration), after subsection (2) insert—

(2A) The regulations may make provision for information obtained by or furnished to the Registrar under or for the purposes of this Act to be disclosed to the Regulatory Authority or the Pensions Compensation Board..

14.  Sections 73 to 76 (assignment, forfeiture, etc. of short service benefit) are repealed.

15.  In section 78 (supplementary regulations), for “75” (in both places) substitute “72”.

16.  Section 98 to 104 (annual increase in pensions in payment) are repealed.

17.  Section 108 (restrictions on investment in employer-related assets) is repealed.

18.  Section 110 (documents for members, etc.) is repealed.

19.  In section 111(1), omit “or 110(1)(b)”.

20.  Section 112 (regulations as to auditors) is repealed.

21.  Section 114 (equal access) is repealed.

22.  Sections 115 to 118 (independent trustees) are repealed.

23.  In section 125 (overriding requirements)—

(a)in subsection (1), omit “Chapter I of Part V,”, “, sections 115 to 118”, “under Chapter I of Part V or” and from “or 110” to “118”,

(b)in subsection (2), for from “, Chapter III” to “section 104)” substitute “and Chapter III of that Part”, and

(c)omit subsection (3)(a).

24.  In section 128 (bringing schemes into conformity with indirectly-applying requirements), omit “, the equal access requirements”.

25.  In section 129(1) (advice of the Board), omit “, the equal access requirements”.

26.  In section 130 (determination of questions), omit—

(a)in subsection (3), “, the equal access requirements”, and

(b)in subsection (4), “or the equal access requirements” and “or, as the case may be, section 114(1)”.

27.  In section 132(2)(e)(iv) (applications to modify schemes), omit “or the equal access requirements”.

28.  In section 135(2) (functions of the Board), omit “, the equal access requirements”.

29.  In section 136(4) (effect of orders), omit paragraph (c) and the “and” immediately preceding it.

30.  Section 140 (deficiencies in assets on winding up) is repealed.

31.  In section 149 (power to modify Act)—

(a)in subsection (1), omit from “and Chapter I” to “section 104)”, and

(b)omit subsections (3) to (7).

32.  In section 150(1) (application of provisions to personal pension schemes), after “provision of this Act” insert “or of Articles 22 to 26 and 40 of the Pensions (Northern Ireland) Order 1995”.

33.  In section 155 (inalienability of certain pensions), after subsection (4) insert—

(4A) Where a person—

(a)is entitled or prospectively entitled as is mentioned in subsection (1), or

(b)is entitled to such rights or to such a payment as is mentioned in subsection (4),

no order shall be made by any court or the Enforcement of Judgments Office the effect of which would be that he would be restrained from receiving anything the assignment of which is or would be made void by either of those subsections.

(4B) Subsection (4A) does not prevent the making of an attachment of earnings order under the Judgments Enforcement (Northern Ireland) Order 1981..

34.  In section 165 (determination of questions by the Department), omit subsections (5) and (6).

35.  In section 173 (meaning of “manager”), after “1992” insert “or of Articles 22 to 26 of the Pensions (Northern Ireland) Order 1995”, and omit “or” after “1991”.

36.  In section 176 (general interpretation)—

(a)in subsection (1)—

(i)omit the definition of “equal access requirements”, and

(ii)after the definition of “regulations” insert—

“the Regulatory Authority” means the Occupational Pension Regulatory Authority; and

(b)in subsection (2), for from “, 156” to “requirements” substitute “and 156”.

37.  In section 178 (sub-delegatioN), in subsection (3)—

(a)for “, 93(1), 100(8) and 140(5)” substitute “and 93(1)”,

(b)omit from “or, in the case of” to “determined”, and

(c)omit the words following paragraph (b).

38.  In Schedule 6 (re-enactment or amendment of certain provisions not in force), omit paragraphs 1 and 3.

39.  In Schedule 7 (consequential amendments), omit paragraph 10.

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