Section 57 Amendment of definitions of “money purchase benefits” etcI1 I2

(1)

Schedule 4 contains amendments of definitions of “money purchase benefits” in—

(a)

Schedule 10A to the Building Societies Act 1986 (disclosures about directors, other officers and employees in notes to accounts);

(b)

the Pension Schemes (Northern Ireland) Act 1993;

(c)

Part 1 of the Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13 (N.I.)) (pension scheme membership for jobholders).

(2)

In section 30 of the Pensions Act (Northern Ireland) 2012 (c. 3 (N.I.)) (power to amend definitions of “money purchase benefits” in certain Acts)—

(a)

in subsection (1)—

(i)

for “purpose the” substitute

“purpose—
(a)
the”;

(ii)

at the end insert

“, or
(b)
section 53 of the Pension Schemes Act 2021 (collective money purchase benefits: meaning of “qualifying benefits”).”;

(b)

in subsection (2), at the end insert “ or by Schedule 4 to the Pension Schemes Act 2021 ”.

Annotations

I1: S. 57 in force at Royal Assent for specified purposes, see s. 131(3)(a)
I2: S. 57 in force at 1.8.2022 in so far as not already in force by S.R. 2022/197, art. 3(a)