Pensions Act (Northern Ireland) 2015 No. 5

SCHEDULES

SCHEDULE 17 N.I. AUTOMATIC TRANSFER OF PENSION BENEFITS ETC.

PART 3 N.I. INTERPRETATION ETC.

Amendments N.I.

19—(1) The Pension Schemes Act is amended as follows. N.I.

(2) In section 90(2A) (right to cash equivalent)—

(a) in paragraph (a), after sub-paragraph (vii) insert—

“(viii) regulations made under Schedule 17 to the Pensions Act (Northern Ireland) 2015;”;

(b) in paragraph (b), after sub-paragraph (v) insert—

“(vi) regulations made under paragraph 17 of Schedule 17 to the Pensions Act (Northern Ireland) 2015.”.

(3) In section 96B(2) (meaning of “scheme rules”: occupational pension schemes)—

(a) in paragraph (a), after sub-paragraph (x) insert—

“(xi) regulations made under Schedule 17 to the Pensions Act (Northern Ireland) 2015.”;

(b) in paragraph (b), after sub-paragraph (vii) insert—

“(viii) regulations made under paragraph 16 of Schedule 17 to the Pensions Act (Northern Ireland) 2015.”.

(4) In section 97AI(7) (rights to cash transfer sum and contribution refund: further provisions)—

(a) in paragraph (a), after sub-paragraph (ix) insert—

“(x) regulations made under Schedule 17 to the Pensions Act (Northern Ireland) 2015;”;

(b) in paragraph (b), after sub-paragraph (vii) insert—

“(viii) regulations made under paragraph 17 of Schedule 17 to the Pensions Act (Northern Ireland) 2015.”.

Commencement Information

I1 Sch. 17 para. 19(1) in operation at 16.7.2015 for specified purposes by S.R. 2015/307, art. 2(1)(m)(ii)

I2 Sch. 17 para. 19(3) in operation at 16.7.2015 by S.R. 2015/307, art. 2(1)(m)(ii)

Prospective

20  In Article 233 of the 2005 Order (no indemnification for fines or civil penalties), in paragraph (1)(b)— N.I.

(a) for “or section” substitute “ , section ”;

(b) after “2008” insert “ or paragraph 10 of Schedule 17 to the Pensions Act (Northern Ireland) 2015 ”.