http://www.legislation.gov.uk/nisr/2024/15/introduction/madeThe Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2024enGovernment Printer for Northern Ireland2024-06-13PENSIONSThese Regulations revoke and re-enact the Occupational Pension Schemes (Collective Money Purchase Schemes) (No. 2) Regulations (Northern Ireland) 2023 (“the Collective Money Purchase Schemes Regulations”) which would otherwise cease to have effect by virtue of section 112(3)(b) of the Pensions (No. 2) Act (Northern Ireland) 2008, section 51(3)(b) of the Pensions Act (Northern Ireland) 2015 and section 102(5)(b) of the Pension Schemes Act 2021 (“the 2021 Act”). Like the Collective Money Purchase Schemes Regulations, the Regulations implement the new authorisation and supervisory regime for collective money purchase schemes under Part 2 of the 2021 Act. They also make provision for amendments to subordinate legislation in relation to schemes providing collective money purchase benefits.Statutory Rules of Northern Ireland2024 No. 15PensionsThe Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2024Approved by resolution of the Assembly on 10th June 2024Made24th January 2024Coming into operation26th January 2024

The Department for Communities

See section 1(7) of the Departments Act (Northern Ireland) 2016 (c. 5 (N.I.))

makes the following Regulations in exercise of the powers conferred by sections 28 and 113(2) of the Pensions (No. 2) Act (Northern Ireland) 2008

2008 c. 13 (N.I.); section 28 was amended by sections 13(2) to (6) and 14 of the Pensions Act (Northern Ireland) 2012 (c. 3 (N.I.)) and section 38(4) of the Pensions Act (Northern Ireland) 2015 (c. 5 (N.I.))

, sections 42 and 51(6) of, and paragraphs 1 and 2 of Schedule 18 to, the Pensions Act (Northern Ireland) 2015

2015 c. 5 (N.I.); paragraph 1 was amended by paragraph 25(2) of Schedule 6, and paragraph 15(2) of Schedule 11, to the Pension Schemes Act 2021 (c. 1); see also section 51(4)(g) as inserted by paragraph 24 of Schedule 6 to that Act

and sections 54(8), 56(2), 59(4)(a) and (b), 62(2)(e) and (3)(a), 63(2)(b), 64(3), 65(3), 66(4)(a), 67(2), 68(4), (5) and (8), 69(4), 70(2), 71(5), 73(3)(b), 74(3)(c), 78(2), 79(3) and (4), 80(7)(a) and (10)(a) and (b), 84(4)(b) and (10), 87(1)(c), (2)(b) and (c), (5), (6) and (10), 88(3)(b), 89(3), 90(1)(b), 91(4) and (6), 92(2), 94(2) and (4)(b) and (c), 96(3) and (6), 100(2)(b) and (4) and 102(2) and (3) of, and paragraph 1(6) of Schedule 5 to, the Pension Schemes Act 2021

2021 c. 1

.

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<dc:description>These Regulations revoke and re-enact the Occupational Pension Schemes (Collective Money Purchase Schemes) (No. 2) Regulations (Northern Ireland) 2023 (“the Collective Money Purchase Schemes Regulations”) which would otherwise cease to have effect by virtue of section 112(3)(b) of the Pensions (No. 2) Act (Northern Ireland) 2008, section 51(3)(b) of the Pensions Act (Northern Ireland) 2015 and section 102(5)(b) of the Pension Schemes Act 2021 (“the 2021 Act”). Like the Collective Money Purchase Schemes Regulations, the Regulations implement the new authorisation and supervisory regime for collective money purchase schemes under Part 2 of the 2021 Act. They also make provision for amendments to subordinate legislation in relation to schemes providing collective money purchase benefits.</dc:description>
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The Department for Communities
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<i>See</i>
section 1(7) of the Departments Act (Northern Ireland)
<ref eId="c00002" href="http://www.legislation.gov.uk/id/nia/2016/5">2016 (c. 5 (N.I.))</ref>
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makes the following Regulations in exercise of the powers conferred by sections 28 and 113(2) of the Pensions (No. 2) Act (Northern Ireland) 2008
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<ref eId="c00003" href="http://www.legislation.gov.uk/id/nia/2008/13">2008 c. 13 (N.I.)</ref>
; section 28 was amended by sections 13(2) to (6) and 14 of the Pensions Act (Northern Ireland)
<ref eId="c00004" href="http://www.legislation.gov.uk/id/nia/2012/3">
2012 (c.
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3
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(N.I.)
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) and section 38(4) of the Pensions Act (Northern Ireland)
<ref eId="c00005" href="http://www.legislation.gov.uk/id/nia/2015/5">2015 (c. 5 (N.I.))</ref>
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, sections 42 and 51(6) of, and paragraphs 1 and 2 of Schedule 18 to, the Pensions Act (Northern Ireland) 2015
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<ref eId="c00006" href="http://www.legislation.gov.uk/id/nia/2015/5">2015 c. 5 (N.I.)</ref>
; paragraph 1 was amended by paragraph 25(2) of Schedule 6, and paragraph 15(2) of Schedule 11, to the Pension Schemes Act
<ref eId="c00007" href="http://www.legislation.gov.uk/id/ukpga/2021/1">2021 (c. 1)</ref>
;
<i>see also</i>
section 51(4)(g) as inserted by paragraph 24 of Schedule 6 to that Act
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and sections 54(8), 56(2), 59(4)(a) and (b), 62(2)(e) and (3)(a), 63(2)(b), 64(3), 65(3), 66(4)(a), 67(2), 68(4), (5) and (8), 69(4), 70(2), 71(5), 73(3)(b), 74(3)(c), 78(2), 79(3) and (4), 80(7)(a) and (10)(a) and (b), 84(4)(b) and (10), 87(1)(c), (2)(b) and (c), (5), (6) and (10), 88(3)(b), 89(3), 90(1)(b), 91(4) and (6), 92(2), 94(2) and (4)(b) and (c), 96(3) and (6), 100(2)(b) and (4) and 102(2) and (3) of, and paragraph 1(6) of Schedule 5 to, the Pension Schemes Act 2021
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<ref eId="c00008" href="http://www.legislation.gov.uk/id/ukpga/2021/1">2021 c. 1</ref>
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