Article 6 Amendment of the Personal Pension Schemes (Appropriate Schemes) RegulationsI1

Northern Ireland

(1)

The Personal Pension Schemes (Appropriate Schemes) Regulations (Northern Ireland) 1997^f1 shall be amended in accordance with paragraphs (2) to (4).

(2)

In regulation 1(2) (interpretation) after the definition of “pensionable age” add—

““the upper accrual point” has the same meaning as in section 121(1) of the Social Security Contributions and Benefits (Northern Ireland) Act 1992^f2.”.

(3)

In regulation 8 (applications for the variation of, and to surrender, appropriate scheme certificates)—

(a)

in paragraph (2) omit sub-paragraph (c)^f3 and the word “and” preceding it;

(b)

omit paragraph (2A)^f4.

(4)

In regulation 15(7)(e) (calculation or estimation of earnings) for “the upper earnings limit” substitute “the upper accrual point”.

Annotations

Commencement

I1: Art. 6 in operation at 6.4.2009, see art. 1

Footnotes

f1: S.R. 1997 No. 139; relevant amending Regulations are S.R. 2000 No. 336
f2: 1992 c. 7; the definition of “upper accrual point” was inserted by section 10(3) of the Pensions Act (Northern Ireland) 2008 and substituted by section 102(4)(a) of the Pensions (No. 2) Act (Northern Ireland) 2008
f3: Sub-paragraph (c) was inserted by regulation 4(a) of S.R. 2000 No. 336
f4: Paragraph (2A) was inserted by regulation 4(b) of S.R. 2000 No. 336