PART 2

Collective money purchase benefits: Northern Ireland

Definitions

Amendment of definitions of “money purchase benefits” etc
57
1
Schedule 4 contains amendments of definitions of “money purchase benefits” in—
a
Schedule 10A to the Building Societies Act 1986 (disclosures about directors, other officers and employees in notes to accounts);
b
the Pension Schemes (Northern Ireland) Act 1993;
c
Part 1 of the Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13 (N.I.)) (pension scheme membership for jobholders).
2
In section 30 of the Pensions Act (Northern Ireland) 2012 (c. 3 (N.I.)) (power to amend definitions of “money purchase benefits” in certain Acts)—
a
in subsection (1)—
i
for “purpose the” substitute
purpose—
a
the
;
ii
at the end insert
, or
b
section 53 of the Pension Schemes Act 2021 (collective money purchase benefits: meaning of “qualifying benefits”).
;
b
in subsection (2), at the end insert “or by Schedule 4 to the Pension Schemes Act 2021”.