Article 8 Amendment of the Pension Sharing (Pension Credit Benefit) RegulationsI1

The Pension Sharing (Pension Credit Benefit) Regulations (Northern Ireland) 2000^f1 shall be amended in accordance with paragraphs (2) to (7).

In regulation 1(2) (interpretation) omit the definitions of “the Safeguarded Rights Regulations” and “safeguarded rights”.

In regulation 10 (transfer of a person’s pension credit rights without consent) omit paragraph (9)^f2.

In regulation 20 (requirements to be met by annuities) for “Subject to regulation 19, the prescribed” substitute “The prescribed”.

In regulation 21 (requirements of other pension arrangements)—

In regulation 22(1) (requirements to be met by an eligible scheme) omit sub-paragraph (a)^f3.

In regulation 35^f4 (definition of eligible pension credit rights) for paragraph (2) substitute—

“(2)

Pension credit rights are within this paragraph if they are derived from rights attributable to pensionable service on or after 6th April 1997 of the member whose pension rights were the subject of a pension sharing order or provision.”.