OpenLegislation

Paragraph 11 I1

Northern Ireland

The trustee default scheme and any employer default scheme must each be—

(a)

a Master Trust scheme authorised under the Act, and

(b)

an automatic enrolment scheme in relation to the members being transferred, as defined in section 17 of the Pensions (No. 2) Act (automatic enrolment schemes), or a scheme which would be an automatic enrolment scheme if the members being transferred were jobholders as defined in section 16(1) of that Act.

Annotations

Commencement

I1

Sch. 5 para. 11 in operation at 27.3.2024, see reg. 1