Pensions Act (Northern Ireland) 2008 No. 1

SCHEDULES

SCHEDULE 4 N.I. ABOLITION OF CONTRACTING-OUT FOR DEFINED CONTRIBUTION PENSION SCHEMES

PART 1 N.I. AMENDMENTS HAVING EFFECT AS FROM ABOLITION DATE

The Pensions (Northern Ireland) Order 1995 (NI 22) N.I.

36—(1) Article 146 of the Pensions Order (hybrid occupational pension schemes) is amended as follows. N.I.

(2) In paragraph (1) (regulations may make provision for hybrid schemes to be treated as two contracted-out schemes) for “sections 5 and 8” substitute “ section 5 ”.

(3) In sub-paragraph (b) of that paragraph for “section 5(3)” substitute “ the requirements mentioned in section 21A(3) ”.