Amendment of the Pensions (Northern Ireland) Order2
1
Part 76 of the Pensions (Northern Ireland) Order 2005 (cross-border activities within European Union) is amended in accordance with paragraphs (2) to (7).
2
In Article 263(4)(a)7 (occupational pension scheme receiving contributions from European employer) for “two months” substitute “six weeks”.
3
In Article 265(2)(b)8 (approval in relation to particular European employer) after “so approved” insert “, stating the reasons for not so approving them”.
4
In Article 2669 (notification of legal requirements of host EEA state outside United Kingdom)—
a
in paragraph (1)(b) for “Article 20(5)”, in both places where it occurs, substitute “Article 11(7)”;
b
in paragraph (2)(b) for “Article 20(8)” substitute “Article 11(9)”.
5
In Article 26910 (functions of Regulator in relation to institutions administered in other EEA states)—
a
in paragraph (1) for “Article 20” substitute “Article 11”;
b
in paragraph (2)—
i
for “Article 20(4)” substitute “Article 11(4)”;
ii
for “two months” substitute “six weeks”;
c
in paragraph (8) in the definition of “European pensions institution” for “Article 6(a)” substitute “Article 6(1)”.
6
In Article 270(6)11 (stopping disposal of assets of institutions administered in other EEA states) in the definition of “UK-held assets” for “Article 19(3)” substitute “Article 33(4)”.
7
In Article 27112 (interpretation of Part)—
a
in the definition of “the Directive” for “2003/41/EC” substitute “(EU) 2016/234113”;
b
in the definition of “social and labour law” for “Article 20” substitute “Article 11”.