PART 2Amendment of Acts and Orders in Council

Amendment of the Pension Schemes (Northern Ireland) Act 19932

1

The Pension Schemes (Northern Ireland) Act 19932 is amended as follows.

2

In section 1 (categories of pension schemes)3, in subsection (1), in the definition of “occupational pension scheme”4 omit paragraph (b) and the “and” before it, but not the “or” following it.

3

In section 15 (discharge of liability where guaranteed minimum pensions secured by insurance policies or annuity contracts)5, in subsection (4)(a)(i) omit “or any other EEA state”.

4

In section 145 (procedure on an investigation)6, in subsection (6)—

a

in paragraph (k), omit “, EEA central counterparty” and “, EEA CSD”;

b

in paragraph (m)7, omit “other than the United Kingdom”.

5

In section 154A (other disclosures by the Department)8, in the table in subsection (1), in the entry beginning “A recognised investment exchange”—

a

in column 1 omit “, EEA central counterparty” and “, EEA CSD”;

b

in column 2, for the words from “or central securities depository” to the end of the entry substitute “, central securities depository or central counterparty”.

6

In section 161 (application of certain provisions to cases with foreign element)9, in subsection (6), for “territory of the member States” substitute “United Kingdom”.

7

In section 175A (insurer and long-term insurance business)10, in subsection (1) omit paragraph (b) and the “or” before it.

8

In section 176(1) (general interpretation)11, omit the definitions of “EEA agreement” and “EEA state”12.