PART 3 ENACTMENTS RELATING TO PENSIONS

Judicial Pensions (Northern Ireland) Order 1991 (S.I. 1991/2631 (N.I. 24))

111 Judicial pensions: transfer of accrued benefits
1 The Schedule which is set out in paragraph 1(2) of Schedule 2 to the Judicial Pensions (Northern Ireland) Order 1991 (transfer of accrued benefits) is amended as follows.
2 In paragraph 1, the existing provision becomes sub-paragraph (1).
3 In that sub-paragraph, for the definition of “authorised insurance company” substitute—

““authorised insurer” means—
(i) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect or carry out contracts of long-term insurance, or
(ii) an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to effect or carry out contracts of long-term insurance;”

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4 After that sub-paragraph, insert—

“2 The definition of “authorised insurer” in sub-paragraph (1) must be read with—
(a) section 22 of the Financial Services and Markets Act 2000;
(b) any relevant order under that section;
(c) Schedule 2 to that Act.”

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5 In paragraph 6(2)(c), for “insurance companies” substitute “insurers”.
6 In paragraph 11(3), in paragraph (a) of the definition of “qualifying scheme” for “insurance company” substitute “insurer”.