Article 3 Transitional provisionsI1

Northern Ireland

Article 201 of the Pensions (Northern Ireland) Order 2005^f1 (the statutory funding objective), in so far as it relates to a particular pension scheme, is to continue to have effect without the amendment made by paragraph 3 of Schedule 11 to the Pension Schemes Act 2021, until such time as that scheme is required to have, in accordance with regulations made under Article 200A of that Order, a funding and investment strategy^f2.

Annotations

Commencement

I1: Art. 3 in operation at made date

Footnotes

f1: S.I. 2005/255 (N.I. 1)
f2: See Article 200A of the Pensions (Northern Ireland) Order 2005, as inserted by paragraph 2 of Schedule 11 to the Pension Schemes Act 2021, for the meaning of “funding and investment strategy”