SCHEDULES

SCHEDULE 6Collective money purchase benefits: minor and consequential amendments for Northern Ireland

Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13 (N.I.))

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1

Section 31 of the Pensions (No. 2) Act (Northern Ireland) 2008 (effect of freezing order or assessment period: qualifying schemes) is amended as follows.

2

In the heading, for “or assessment period” substitute “ , assessment period or pause order ”.

3

In subsection (3) (meaning of “freezing event” and “relevant provision”)—

a

in the definition of “freezing event”—

i

omit the “or” at the end of paragraph (a);

ii

at the end of paragraph (b) insert

, or

c

the making of a pause order under section 95 of the Pension Schemes Act 2021;

b

in the definition of “relevant provision”, after paragraph (b) insert—

c

in relation to a pause order, provision contained in the order or the provision made with respect to the order by section 95 of the Pension Schemes Act 2021.