Pensions Act (Northern Ireland) 2012

This section has no associated Explanatory Notes

6.—(1) Schedule 4C (additional pension: consolidated amount for the purposes of section 45(2A)) (as inserted by Schedule 2 to the Pensions (No. 2) Act (Northern Ireland) 2008) is amended as follows.

(2) In paragraphs 1 and 2 for “flat rate introduction” substitute “additional pension consolidation”.

(3) Omit paragraph 3.

(4) In paragraphs 5(b) and 7(1) for “and (c)” (in each place) substitute “, (c) and (d)”.

(5) In paragraph 6 for “6th April 2020” substitute “the date specified for the purposes of section 45(2) of this Act”.

(6) In paragraph 7(1) for “6th April 2020” substitute “the date specified for the purposes of section 45(2)”.

(7) In paragraph 7(2)—

(a)in paragraph (b) after “2(2)(b),” insert “5(2)(b),”;

(b)after paragraph (b) insert—

(c)in Schedule 4B, paragraphs 4, 5(b), 8(3), 9(2)(b) and (3) and 10(1)(b) ..

(8) After paragraph 7(2) insert—

(3) Paragraph 1(1) of Schedule 4B applies as if a reference to the relevant years within section 45(2)(d) were a reference to the relevant years falling within the period beginning with the flat rate introduction year and ending immediately before the consolidation date..