# Pension Schemes Act (Northern Ireland) 2021, Paragraph 1

Extent: N.I.

(1) This Schedule modifies the application of Part 1 as it applies in relation to existing Master Trust schemes.
(2) The modifications in paragraphs 2 to 7 have effect from the date on which this Act is passed.
(3) The modifications in paragraphs 8 to 15 have effect from the commencement date.
(4) In this Schedule—
the “commencement date” means the date on which section 3 (prohibition on operating scheme unless authorised) comes into operation;
“existing Master Trust scheme” means a Master Trust scheme in operation before the commencement date.

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Source: https://www.legislation.gov.uk/nia/2021/6/schedule/2/paragraph/1 (the official version)
Page: https://openlegislation.uk/pension-schemes-act-northern-ireland-2021/schedule-2/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.