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The Pensions (Northern Ireland) Order 2005

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Changes over time for: Section 262

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Version Superseded: 11/02/2008

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Point in time view as at 26/11/2007. This version of this provision has been superseded. Help about Status

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The Pensions (Northern Ireland) Order 2005, Section 262 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Meaning of “stakeholder pension scheme”N.I.

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262.—(1) Article 3 of the 1999 Order (meaning of “stakeholder pension scheme”) is amended in accordance with paragraphs (2) to (4).

(2) In paragraph (1) (requirements to be met by stakeholder pension schemes), in sub-paragraph (a) for “to (9)” substitute “ to (10) ”.

(3) In paragraph (5) (prescribed requirements relating to administrative expenses of scheme), in sub-paragraph (a) for “by or on behalf of” substitute “ by, or on behalf or in respect of, ”.

(4) After paragraph (9) add—

(10) The ninth condition is that—

(a)if the scheme is an occupational pension scheme, it is specified in a contracting-out certificate in relation to all categories of employment to which the scheme relates, and

(b)if the scheme is a personal pension scheme, it is an appropriate scheme within the meaning of section 3(4) of the Pension Schemes Act. .

(5) In Article 4 of that Order (registration of stakeholder pension), in paragraph (2)(b)(i) for “to (9)” substitute “ to (10) ”.

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