Pension Schemes Act 2021

102 Regulations

(1) A power of the Department to make regulations under this Part is exercisable by statutory rule for the purposes of the Statutory Rules (Northern Ireland) Order 1979 (S.I. 1979/1573 (N.I. 12)).

(2) A power to make regulations under this Part may be used—

(a) to make different provision for different purposes;

(b) to make provision in relation to all or only some of the purposes for which it may be used.

(3) Regulations under this Part may—

(a) confer a discretion on a person;

(b) make consequential, supplementary or incidental provision;

(c) make transitional, transitory or saving provision.

(4) Where regulations under this Part are subject to “negative resolution”, they are subject to negative resolution within the meaning given in section 41(6) of the Interpretation Act (Northern Ireland) 1954 (c. 33 (N.I.)).

(5) Where regulations under this Part are subject to “confirmatory procedure”—

(a) they must be laid before the Northern Ireland Assembly after being made, and

(b) they take effect on such date as may be specified in the regulations, but (without prejudice to the validity of anything done under the regulations or to the making of new regulations) cease to have effect on the expiration of the period of six months beginning with that date unless at some time before the expiration of that period the regulations are approved by resolution of the Northern Ireland Assembly.

(6) Section 41(3) of the Interpretation Act (Northern Ireland) 1954 applies in relation to the laying of regulations under this Part as it applies in relation to the laying of a statutory document under an enactment.

(7) Any provision that may be made by regulations under this Part subject to negative resolution may be made by regulations subject to confirmatory procedure.