PART 2Amendments coming into operation on 6th April 2016
Amendment of the Occupational Pension Schemes (Employer Debt) Regulations22.
In regulation 4 of the Occupational Pension Schemes (Employer Debt) Regulations (Northern Ireland) 200559 (schemes to which Article 75 does not apply)—
(a)
in paragraph (1)(f)(ii) for “is not contracted-out” substitute “was not contracted-out at any time before the second abolition date”;
(b)
after paragraph (2) add—
“(3)
In this regulation—
“contracted-out” is to be construed in accordance with section 3B(2) of the Pension Schemes Act;
“the second abolition date” has the meaning given in section 176(1) of the Pension Schemes Act.”.