The Pensions (Northern Ireland) Order 2005 No. 255 (NI. 1)

SCHEDULES

SCHEDULE 10 MINOR AND CONSEQUENTIAL AMENDMENTS

The 1999 Order

70.—(1) Paragraph 1 of Schedule 1 (application of statutory provisions relating to occupational trust schemes to certain stakeholder schemes) is amended as follows.

(2) In sub-paragraph (2), in paragraph (b)—

(a) in sub-paragraph (i) for the words from “except” to the end substitute “except Articles 7(5A)(b), 8(1)(a) and (c) and (2), 11(3A) and (3B) and 15(1)”;

(b) in sub-paragraph (ii) for “31” substitute “30”;

(c) in sub-paragraph (iii) omit the words from “except” to the end;

(d) for sub-paragraph (v) substitute—

“(v) Article 47 (professional advisers);”; and

(e) in sub-paragraph (vii) for “Article 50” substitute “Articles 50 to 50B”.

(3) After that paragraph insert

• “; and

  (c)

  the following provisions of the Pensions (Northern Ireland) Order 2005—

  (i)

  Article 2 (interpretation);

  (ii)

  Article 62 (accessibility of register of prohibited trustees);

  (iii)

  Chapters 4 and 5 of Part III (fraud compensation and information gathering); and

  (iv)

  Articles 224 to 226 (requirements for knowledge and understanding).”.

(4) In sub-paragraph (5), after “Pensions Order” insert “, and Article 2(2) of the Pensions (Northern Ireland) Order 2005,”.

(5) After sub-paragraph (5) add—

“(6) Chapters 4 and 5 of Part III of the Pensions (Northern Ireland) Order 2005 (as so applied) shall have effect with such modifications as the Department may prescribe by regulations.”.