The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2022

Amendment of the Companies Act

30.—(1) The Companies Act is amended in accordance with paragraphs (2) to (5).

(2) In section 384 (companies excluded from the small companies regime)—

(a) in subsection (1)(b)(iii)(1) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021(2)”;

(b) in subsection (2)(f)(3) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”.

(3) In section 467 (companies excluded from being treated as medium-sized)—

(a) in subsection (1)(b)(iii)(4) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”;

(b) in subsection (2)(f)(5) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”.

(4) In section 478(b)(iii)(6) (companies excluded from small companies exemption) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”.

(5) In section 479B(b)(iii)(7) (companies excluded from the subsidiary companies audit exemption) after “Act 2017” insert “or section 39(1) of the Pension Schemes Act (Northern Ireland) 2021”.

(1)

Subsection (1) was amended by regulation 3(2)(a) of S.I. 2007/2932, regulation 4(5)(a) of S.I. 2015/980 and regulation 30(2)(a) of S.I. 2018/1030

(2)

2021 c. 6 (N.I.)

(3)

Subsection (2) was amended by regulation 3(2)(b) of S.I. 2007/2932, regulation 2(2) of S.I. 2013/2005, paragraph 113 of Schedule 18 to the Financial Services Act 2012 (c. 21), regulation 4(5)(b) of S.I. 2015/980 and regulation 30(2)(b) of S.I. 2018/1030

(4)

Subsection (1) was amended by paragraph 111 of Schedule 18 to the Financial Services Act 2012, regulation 2(7)(a) of S.I. 2013/2005 and regulation 30(3)(a) of S.I. 2018/1030

(5)

Subsection (2) was amended by regulation 3(3) of S.I. 2007/2932, paragraph 111 of Schedule 18 to the Financial Services Act 2012, regulation 2(7)(b) and (c) of S.I. 2013/2005, regulation 9(4) of S.I. 2015/980 and regulation 30(3)(b) of S.I. 2018/1030

(6)

Section 478 was amended by regulation 3(5) of S.I. 2007/2932 and regulation 30(4) of S.I. 2018/1030

(7)

Section 479B was inserted by regulation 7 of S.I. 2012/2301 and amended by regulation 10(3) of S.I. 2015/980 and regulation 30(5) of S.I. 2018/1030