Paragraph 6

(1)

In section 54(1) of the Contributions and Benefits Act (election to defer right to pension), in paragraph (a), omit from “but” to “70”

(2)

In Schedule 5 to that Act—

(a)

in paragraph 2(2), omit the definition of “the period of enhancement” (and the preceding “and”), and

(b)

for “period of enhancement” (in every other place in paragraph 2 and 3 where it appears) substitute “period of deferment”.

(3)

In paragraph 2(3) of that Schedule, for “1/7th per cent.” substitute “1/5th per cent.”.

(4)

In paragraph 8 of that schedule, omit sub-paragraphs (1) and (2).

F1(5)

Sub-paragraph (1) comes into operation on 6th April 2010; and sub-paragraphs (2) to (4) have effect in relation to incremental periods beginning on or after that date.

Annotations

Textual amendments

F1: prosp. subst. by 2005 NI 1

Notes on the whole Order

Textual amendments

F1: functions transf. by SR 1999/481
F2: functions transf. by 2005 NI 1

Notes on Schedule 2

Textual amendments

F1: Sch. 2 heading substituted (11.2.2008) by Pensions Act (Northern Ireland) 2008 (c. 1), s. 11(1), Sch. 3 para. 3