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Amendment of the Occupational Pension Schemes (Contracting-out) RegulationsN.I.

3.—(1) The Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996(1) shall be amended in accordance with paragraphs (2) to (7).

(2) In regulation 1(2) (interpretation) omit the definition of “safeguarded rights”(2).

(3) In regulation 23 (requirements for meeting the statutory standard) for paragraph (d)(3) substitute—

(d)must not have regard to any pensions to be provided under the scheme in respect of earners who are not in contracted-out employment;.

(4) In regulation 39(4) (circumstances in which schemes may change mode of contracting out)—

(a)in paragraph (1) omit “and any safeguarded rights”;

(b)in paragraph (2) for “, section 5(2B) rights and any safeguarded rights” substitute “and section 5(2B) rights(5)”.

F1(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F1(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

Commencement Information

I1Art. 3 in operation at 6.4.2009, see art. 1

(2)

The definition of “safeguarded rights” was inserted by regulation 2(2) of S.R. 2000 No. 336

(3)

Paragraph (d) was amended by regulation 2(4) of S.R. 2000 No. 336

(4)

Regulation 39 was amended by regulation 3(2) of S.R. 1997 No. 162 and regulation 2(5) of S.R. 2000 No. 336

(5)

The definition of “section 5(2B) rights” was inserted by paragraph 5(2) of the Schedule to S.R. 1997 No. 160 and amended by regulation 4(2)(b) of S.R. 1999 No. 486