{
  "url": "https://openlegislation.uk/pension-protection-fund-compensation-regulations-northern-ireland-2005/regulation-23A",
  "json_url": "https://openlegislation.uk/pension-protection-fund-compensation-regulations-northern-ireland-2005/regulation-23A.json",
  "legislation": "nisr/2005/149",
  "legislation_title": "The Pension Protection Fund (Compensation) Regulations (Northern Ireland) 2005",
  "legislation_url": "https://openlegislation.uk/pension-protection-fund-compensation-regulations-northern-ireland-2005",
  "path": "regulation/23A",
  "kind": "regulation",
  "number": "23A",
  "heading": "Cash balance schemes: modification of Schedule 6",
  "text": "(1) In its application to a cash balance scheme, paragraph 37 of Schedule 6 applies as if, after sub-paragraph (4) there were inserted—\n“(5) In this Schedule references to a lump sum to which a person is entitled, or which a person has been paid, by reason of commuting part of a pension under the scheme include any lump sum to which the person is entitled, or which the person has been paid, by reason of opting to receive a lump sum instead of a pension, or part of a pension, in respect of cash balance benefits under the scheme.”.\n(2) In its application to a cash balance scheme other than a scheme to which regulation 23 applies, paragraph 37(1) of Schedule 6 applies as if, before the definition of “deferred member” there were inserted—\n““cash balance benefit” has the meaning given by regulation 2 of the Pensions (2012 Act) (Transitional, Consequential and Supplementary Provisions) Regulations (Northern Ireland) 2014;”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 23A inserted (6.4.2016) by The Pension Protection Fund and Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2016 (S.R. 2016/165), regs. 1, 4(6)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2005/149/regulation/23A",
    "retrieved_at": "2026-10-29T01:53:12.910409+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}