# The Electricity (Northern Ireland) Order 1992, Paragraph 1

Extent: N.I.

(1) In this Schedule—
“employer”, in relation to a person employed by a company which is a wholly-owned subsidiary of another company, includes that other company;
“existing employee” means any person who, immediately before the transfer date, is employed by Northern Ireland Electricity;
“former participant” means any person who, immediately before the transfer date, is not a participant in the scheme but has pension rights under the scheme by virtue of his having been such a participant;
“pension”, in relation to any person, means a pension of any kind payable to or in respect of him, and includes a lump sum, allowance or gratuity so payable and a return of contributions, with or without interest or any other addition;
“pension rights”, in relation to any person, includes—
(a)all forms of right to or eligibility for the present or future payment of a pension to or in respect of him; and
(b)any expectation of the accruer of a pension to or in respect of him;
and includes a right of allocation in respect of the present or future payment of a pension;
“the relevant statutory provisions” means Chapter I of Part XIV of the Income and Corporation Taxes Act 1988 (retirement benefit schemes) and Part IV of the Social Security Pensions (Northern Ireland) Order 1975 (contracting-out);
“relevant scheme” has the meaning given by paragraph 4(1);
“the scheme” means the Northern Ireland Electricity Superannuation Scheme;
“wholly-owned subsidiary” has the same meaning as in the Companies Acts (see section 1159 of the Companies Act 2006).
(2) For the purposes of this Schedule, a company is wholly owned by one or more other companies if it has no members except—
(a) that other or those others and its or their nominees; and
(b) wholly-owned subsidiaries of that other or those others and their nominees.
(3) Subject to sub-paragraph (1), expressions used in this Schedule which are also used in Part II or III have the same meanings as in that Part.

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Source: https://www.legislation.gov.uk/nisi/1992/231/schedule/11/paragraph/1 (the official version)
Page: https://openlegislation.uk/electricity-northern-ireland-order-1992/schedule-11/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

