{
  "url": "https://openlegislation.uk/pensions-no-2-act-northern-ireland-2008/section-29",
  "json_url": "https://openlegislation.uk/pensions-no-2-act-northern-ireland-2008/section-29.json",
  "legislation": "nia/2008/13",
  "legislation_title": "Pensions (No. 2) Act (Northern Ireland) 2008",
  "legislation_url": "https://openlegislation.uk/pensions-no-2-act-northern-ireland-2008",
  "path": "section/29",
  "kind": "section",
  "number": "29",
  "heading": "Transitional periods for money purchase and personal pension schemes",
  "text": "(1) During the first transitional period ...—\n(a) sections 20(1)(b) and 26(4)(b) have effect as if for “3%” there were substituted “ 1% ”;\n(b) sections 20(1)(c) and 26(5)(b) have effect as if for “8%” there were substituted “ 2% ”.\n(2) The first transitional period is a prescribed period of at least one year, beginning with the coming into operation of section 20.\n(3) During the second transitional period ...—\n(a) sections 20(1)(b) and 26(4)(b) have effect as if for “3%” there were substituted “ 2% ”;\n(b) sections 20(1)(c) and 26(5)(b) have effect as if for “8%” there were substituted “ 5% ”.\n(4) The second transitional period is a prescribed period of at least one year, beginning with the end of the first transitional period.",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 29(1) omitted (16.7.2015) by virtue of Pensions Act (Northern Ireland) 2015 (c. 5), ss. 38(5), 53(1); S.R. 2015/307, art. 2(1)(d)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 29(3) omitted (16.7.2015) by virtue of Pensions Act (Northern Ireland) 2015 (c. 5), ss. 38(5), 53(1); S.R. 2015/307, art. 2(1)(d)"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 29 partly in force; s. 29 in force for certain purposes at Royal Assent see s. 118(2)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "S. 29 in operation at 30.6.2012 in so far as not already in operation by S.R. 2012/266, art. 2, Sch. Pt. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nia/2008/13/section/29",
    "retrieved_at": "2026-10-29T20:21:20.497944+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}