Pensions Act (Northern Ireland) 2008

This section has no associated Explanatory Notes

39.  In Schedule 5 to that Order (pension credits: mode of discharge) in paragraph 7(6) (disqualification as destination for pension credit) in the definition of “contracted-out rights”—

(a)in paragraph (a) omit “or (3)”;

(b)after paragraph (a) insert—

(ab)an occupational pension scheme constituting a money purchase contracted-out scheme for the purposes of that Act, or;

(c)in paragraph (b) for “which is” substitute “constituting”.