The Occupational Pension Schemes (Modification of Schemes) Regulations (Northern Ireland) 2006

Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Occupational Pension Schemes (Modification of Schemes) Regulations (Northern Ireland) 2006 and shall come into operation on 6th April 2006 except for regulations 6 and 7 and this regulation which shall come into operation on 30th March 2006.

(2) In these Regulations—

“the 2004 Act” means the Finance Act 2004(1);

“the 2006 Regulations” means the Registered Pension Schemes (Modification of the Rules of Existing Schemes) Regulations 2006(2);

“protected rights” has the same meaning as in section 6 of the Pension Schemes Act(3) (protected rights and money purchase benefits);

“public service pension scheme” has the same meaning as in section 1(1) of the Pension Schemes Act(4) (categories of pension schemes);

“registered pension scheme” means a scheme which is a registered pension scheme for the purposes of Part 4 of the 2004 Act (pension schemes etc);

“scheme” means an occupational pension scheme;

“the scheme administrator” has the same meaning as in section 270 of the 2004 Act (meaning of scheme administrator);

“the transitional period” has the same meaning as in regulation 1(2) of the 2006 Regulations (interpretation);

“unauthorised member payment” has the same meaning as in section 160(2) of the 2004 Act (payments by registered pension schemes).

(3) In these Regulations, any reference to a numbered Article is a reference to the Article of the Pensions (Northern Ireland) Order 1995 bearing that number.

(1)

2004 c. 12

(2)

S.I. 2006/364

(3)

Section 6 was amended by paragraph 18 of Schedule 3 to the Pensions (Northern Ireland) Order 1995, Article 29(2) of the Welfare Reform and Pensions (Northern Ireland) Order 1999, paragraph 39 of Schedule 1 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999 (S.I. 1999/671) and paragraph 23(2) of Schedule 11 to the Proceeds of Crime Act 2002 (c. 29)

(4)

See Article 216(2) of the Pensions (Northern Ireland) Order 2005