Regulation 2 Amendment of the Pensions (Northern Ireland) Order

(1)

Part 7^f1 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)^f2 (occupational pension scheme receiving contributions from European employer) for “two months” substitute “six weeks”.

(3)

In Article 265(2)(b)^f3 (approval in relation to particular European employer) after “so approved” insert “, stating the reasons for not so approving them”.

(4)

In Article 266^f4 (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 269^f5 (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)^f6 (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 271^f7 (interpretation of Part)—

(a)

in the definition of “the Directive” for “2003/41/EC” substitute “(EU) 2016/2341^f8”;

(b)

in the definition of “social and labour law” for “Article 20” substitute “Article 11”.

Annotations

Footnotes

f1: Part 7 was amended by S.R. 2007 No. 457
f2: Article 263 was amended by regulation 5(4) of S.R. 2007 No. 457
f3: Article 265 was amended by regulation 5(5) of S.R. 2007 No. 457
f4: Article 266 was amended by regulation 5(6) of S.R. 2007 No. 457
f5: Article 269 was amended by regulation 5(8) of S.R. 2007 No. 457
f6: Article 270 was amended by regulation 5(9) of S.R. 2007 No. 457
f7: Article 271 was amended by regulation 5(10) of S.R. 2007 No. 457
f8: O.J. No. L354, 23.12.16, p.37