Print Options
PrintThe Whole
Act
PrintThe Whole
Schedule
PrintThe Whole
Cross Heading
PrintThis
Section
only
Status:
Point in time view as at 07/06/2012. This version of this cross heading contains provisions that are not valid for this point in time.
Status
Not valid for this point in time generally means that a provision was not in force for the point in time you have selected to view it on.
Changes to legislation:
There are currently no known outstanding effects for the Pensions Act (Northern Ireland) 2012, Paragraph 35.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
Valid from 27/03/2013
This section has no associated Explanatory Notes
35—(1) Paragraph 17 (annual increase in periodic compensation) is amended as follows.N.I.
(2) In sub-paragraph (4) in the definition of “the underlying rate”—
(a)omit “and” at the end of paragraph (a), and
(b)after that paragraph insert—
“(aa)so much of any actuarial increase under paragraph 16A as relates to the amount in paragraph (a), and”.
(3) In sub-paragraph (7)—
(a)after “references in” insert “ paragraph (a) of ”, and
(b)at the end insert “ (and paragraph (aa) of the definition applies accordingly). ”.
(4) After sub-paragraph (7) insert—
“(7A) Where the commencement of periodic compensation has been postponed by virtue of paragraph 16A, this paragraph applies as if the transferee first becomes entitled to the periodic compensation on the day on which the periodic compensation commences.”.
Back to top