SCHEDULES

SCHEDULE 4ABOLITION OF CONTRACTING-OUT FOR DEFINED CONTRIBUTION PENSION SCHEMES

PART 2FURTHER AMENDMENTS

The Pension Schemes (Northern Ireland) Act 1993 (c. 49)

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1

Section 172 (general financial arrangements) is amended as follows.

2

In subsection (1) (amounts to be paid out of the National Insurance Fund)—

a

in paragraph (za) (payments by HMRC under various provisions) omit “or section 38A(2C) or (3)”;

b

omit paragraph (a) (minimum contributions paid by HMRC under section 39).

3

In subsection (7) (amounts to be paid into National Insurance Fund) in paragraph (a) omit “, 38A(2D) or (5) or 39(5) or (6)”.