Pension Schemes (Northern Ireland) Act 1993

8 Determination of basis on which scheme is contracted-out.N.I.

(1)A contracting-out certificate shall state whether the scheme is contracted-out by virtue of subsection (2) or (3) of section 5.

(2)Where a scheme satisfies both of those subsections the employers, in their application for a certificate, shall specify one of those subsections as the subsection by virtue of which they wish the scheme to be contracted-out.

(3)A scheme which has been contracted-out by virtue of one of those subsections may not become contracted-out by reason of the other except in prescribed circumstances.

Modifications etc. (not altering text)

C1S. 8 excluded (1.6.1996 for certain purposes otherwise 6.4.1997) by S.I. 1995/3213, art. 146(1); S.R. 1996/91, art. 2(f); S.R. 1997/192, art. 2(b)