Schedules

SCHEDULE 4Pension Protection Fund

Removal of restriction on transfer notices

17

(1)

The Pensions (Northern Ireland) Order 2005 is amended as follows.

(2)

In Article 144(7) (transfer notice)—

(a)

for “156(1) and (2)” substitute “156(2)”, and

(b)

omit “within first 12 months of assessment period or”.

(3)

Omit Article 156(1) (no transfer notice within first 12 months of assessment period).