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Pension Schemes Act (Northern Ireland) 2021

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Changes over time for: PART 2

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There are currently no known outstanding effects for the Pension Schemes Act (Northern Ireland) 2021, PART 2. Help about Changes to Legislation

PART 2N.I.Administration Charges

Power to override contract termsN.I.

41.—(1) Paragraph 6 of Schedule 18 to the Pensions Act (Northern Ireland) 2015 (power to restrict charges or impose requirements in relation to schemes: overriding provision) is amended as follows.

(2) After sub-paragraph (1) insert—

(1A) The Department may by regulations provide that specified provisions override any term of a relevant contract to the extent that it conflicts with them..

(3) In sub-paragraph (2), at the end insert “or (1A)”.

(4) After sub-paragraph (2) add—

(3) “Relevant contract” means a contract between the trustees or managers of a relevant scheme and a person providing services in relation to the scheme..

Commencement Information

I1S. 41 in operation at 10.8.2021, see s. 44(1)(d)

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