Paragraph 15 I1I2

Article 85 (codes of practice) is amended as follows.

In paragraph (2) (matters on which the Pensions Regulator must issue codes of practice), before sub-paragraph (k) insert—

“(jc)

the process for making an application for authorisation of a Master Trust scheme under Part 1 of the Pension Schemes Act (Northern Ireland) 2021;

(jd)

the matters that the Regulator expects to take into account in deciding whether it is satisfied that a Master Trust scheme meets the authorisation criteria under that Part (see section 5 of the Pension Schemes Act (Northern Ireland) 2021);”.

In paragraph (6), in the definition of “the pensions legislation” at the end add

“, or

1. (h)

   the Pension Schemes Act (Northern Ireland) 2021.”.