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19.—(1) The amendments made to section 28A of the Pension Schemes (Northern Ireland) Act 1993 (discharge of protected rights on winding up: insurance policies)(1) by article 131 of the Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001(2) are treated as if they had not been made, and instead section 28A is amended as follows.
(2) In subsection (2)(a)—
(a)for “insurance company” substitute “insurer”; and
(b)in sub-paragraph (i), the word “ordinary” and the words “(within the meaning of the Insurance Companies Act 1982)” are repealed.
Section 28A was inserted by the Pensions (Northern Ireland) Order 1995, S.I. 1995/3213 (N.I. 22), Article 143.
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