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Section 14 Certification for non-UK schemesI1I2

(1)

Section 28 of the Pensions (No. 2) Act (Northern Ireland) 2008 (sections 20, 24 and 26: certification that quality requirement is satisfied) is amended as follows.

(2)

After subsection (3) insert—

“(3A)

This section also applies to—

(a)

a money purchase scheme that is an occupational pension scheme within section 18(b);

(b)

a personal pension scheme of a prescribed description for which provision is made under section 27;

(c)

a hybrid scheme that is an occupational pension scheme within section 18(b), to the extent prescribed.”.

(3)

In subsection (4) at the end add—

“(d)

for a scheme within subsection (3A), means a prescribed requirement.”.

(4)

In paragraphs (e) and (f) of subsection (6) for “section 26 agreements” substitute “ contribution agreements ”.

(5)

In subsection (8)—

(a)

for “ “section 26 agreements” means the agreement” substitute

““contribution agreements” means—

(a)

the agreement”;

(b)

at the end add

“, or

(b)

any agreement of the same or a similar kind that is required, in the case of a scheme within subsection (3A)(b), by regulations under section 27.”.

Annotations

Commencement

I1

S. 14 partly in operation; s. 14 in operation for certain purposes at 2.6.2012 see s. 34(1)

I2

S. 14 in operation at 7.6.2012 in so far as not already in operation by S.R. 2012/233, art. 2(1)(c)