Part 1 of the Pensions Act 1995 (occupational pension schemes) is amended as follows.

In section 4(1) (circumstances in which trustee may be suspended), in paragraph (e) M1 for “Part II of the Companies (Northern Ireland) Order 1989” substitute “ the Company Directors Disqualification (Northern Ireland) Order 2002 ”.

In section 22(3) M2 (circumstances in which independent trustees may be appointed: interpretation), in the definition of “company” for “within the meaning given by section 735(1) of the Companies Act 1985” substitute “ as defined in section 1(1) of the Companies Act 2006 ”.

In section 29(1) (persons disqualified for being trustees: grounds for disqualification), in paragraph (f) M3 for the words from “subject to” to “2002” substitute “ subject to a disqualification order or disqualification undertaking under the Company Directors Disqualification Act 1986 or the Company Directors Disqualification (Northern Ireland) Order 2002 ”.