# The Pensions (2008 Act) (Actuarial Guidance) (Consequential Provisions) Order (Northern Ireland) 2008

S.R. 2008/365 · made 3 September 2008 · revised to 1 October 2011

This Order amends certain occupational, personal and stakeholder pension scheme regulations in consequence of section 15 of, and Schedule 5 to, the Pensions Act (Northern Ireland) 2008 which remove the requirement for the Department for Social Development to approve certain actuarial Guidance Notes and a Technical Memorandum.

Made under: Pensions Act (Northern Ireland) 2008 (Section 19)

PDFs: Printed copy https://openlegislation.uk/pensions-2008-act-actuarial-guidance-consequential-provisions-order-northern-ireland-2008/pdf/nisr_20080365_en.pdf

## Introductory text

Pensions
Made 3rd September 2008
Coming into operation 1st October 2008
The Department for Social Development makes the following Order in exercise of the powers conferred by section 19(1) of the Pensions Act (Northern Ireland) 2008.

## 1 Citation and commencement

This Order may be cited as the Pensions (2008 Act) (Actuarial Guidance) (Consequential Provisions) Order (Northern Ireland) 2008 and shall come into operation on 1st October 2008.

## 2 Amendment of Regulations

The Schedule shall have effect.

## 3 Revocations

The following provisions are revoked—
(a) regulations 2(2)(d) in so far as it inserts the definition of “relevant guidance”, 3(2)(c) and 4(2)(d) of the Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2002;
(b) paragraphs 1(b), 8(b) and 13(b) of the Schedule to the Occupational and Personal Pension Schemes (Prescribed Bodies) Regulations (Northern Ireland) 2007.

## Signature

Sealed with the Official Seal of the Department for Social Development on 3rd September 2008
(L.S.)
John O’Neill
A senior officer of the Department for Social Development

## Schedule: Amendment of Regulations

## 1 

In—
(a) regulation 1(2) of the Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 1987 (interpretation);
(b) regulation 1(2) of the Occupational Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 1997 (interpretation), and
(c) regulation 1(3) of the Stakeholder Pension Schemes Regulations (Northern Ireland) 2000 (interpretation),
for the definition of “relevant guidance” substitute—
““relevant guidance” means the document entitled “Technical Memorandum TM1: Statutory Money Purchase Illustrations” which is adopted or prepared, and from time to time revised, by the Board for Actuarial Standards;”.

## 2 

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## 3 

In regulation 2(5) of the Occupational Pension Schemes (Deficiency on Winding Up, etc.) Regulations (Northern Ireland) 1996 (interpretation) for “and approved for the purposes of these Regulations by the Department, with such revisions as have been so approved at the applicable time” substitute “, with any such revisions at the applicable time”.

## 4 

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## 5 

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## Explanatory note

(This note is not part of the Order)
This Order amends certain occupational, personal and stakeholder pension scheme regulations in consequence of section 15 of, and Schedule 5 to, the Pensions Act (Northern Ireland) 2008 which remove the requirement for the Department for Social Development to approve certain actuarial Guidance Notes and a Technical Memorandum.
The Order also makes consequential revocations.

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Source: https://www.legislation.gov.uk/nisr/2008/365 (the official version)
Page: https://openlegislation.uk/pensions-2008-act-actuarial-guidance-consequential-provisions-order-northern-ireland-2008
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

