7.—(1) The Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 1996(1) shall be amended in accordance with paragraphs (2) and (3).
(2) After regulation 2(2)(b) (schemes to which restrictions on employer-related investments do not apply) there shall be added—
“(c)which are Republic of Ireland schemes within the meaning of the Occupational Pension Schemes (Republic of Ireland Schemes Exemption) Regulations (Northern Ireland) 2000.”.
(3) After regulation 10(3)(c) (exemptions from Article 35) there shall be inserted—
“(cc)a Republic of Ireland scheme within the meaning of the Occupational Pension Schemes (Republic of Ireland Schemes Exemption) Regulations (Northern Ireland) 2000;”.
S.R. 1996 No. 584; regulation 1A was inserted by regulation 4 of S.R. 1997 No. 162; regulation 10(3) was amended by regulation 30 of S.R. 2000 No. 262