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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order makes provision for the coming into operation of the following provisions of the Pensions (Northern Ireland) Order 2005—

  • Article 170, for the purpose only of authorising the making of regulations, on 15th March 2010; and for all other purposes, on 6th April 2010; and

  • paragraphs 27 and 28 of Schedule 8, on 6th April 2010.

The provisions brought into operation concern the operation of the Fraud Compensation Fund, a statutory fund established by section 188 of the Pensions Act 2004 (c. 35). The provisions deal, in particular, with the making of transfer payments from that fund into the Pension Protection Fund, a separate statutory fund established by section 173 of that Act.