(This note is not part of the Order)
This Order provides for the coming into operation of the provisions of Part 1 of the Pension Schemes Act (Northern Ireland) 2021 which are not already in operation. The provisions will come into operation on 16th March 2022 for the purpose only of authorising the making of regulations, and on 6th April 2022 for all other purposes.
Part 1 of the Pension Schemes Act (Northern Ireland) 2021 defines Master Trust occupational pension schemes and sets out requirements for the authorisation and operation of those schemes.