Pension Schemes Act (Northern Ireland) 2021

1.—(1) This Schedule modifies the application of Part 1 as it applies in relation to existing Master Trust schemes. N.I.

(2) The modifications in paragraphs 2 to 7 have effect from the date on which this Act is passed.

(3) The modifications in paragraphs 8 to 15 have effect from the commencement date.

(4) In this Schedule—

the “commencement date” means the date on which section 3 (prohibition on operating scheme unless authorised) comes into operation;

“existing Master Trust scheme” means a Master Trust scheme in operation before the commencement date.

Modifications etc. (not altering text)

C1 Sch. 2 paras. 1-7 transitional provision for commencement by 2021 c. 6 (N.I.), s. 44(1)(a)(b) (11.8.2021) by The Pension Schemes (2021 Act) (Commencement No. 1 and Transitional Provisions) Order (Northern Ireland) 2021 (S.R. 2021/234), art. 3

Commencement Information

I1 Sch. 2 para. 1 in operation at 10.8.2021, see s. 44(1)(b)