{
  "url": "https://openlegislation.uk/stakeholder-pension-schemes-amendment-regulations-northern-ireland-2001/note",
  "json_url": "https://openlegislation.uk/stakeholder-pension-schemes-amendment-regulations-northern-ireland-2001/note.json",
  "legislation": "nisr/2001/13",
  "legislation_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2001",
  "legislation_url": "https://openlegislation.uk/stakeholder-pension-schemes-amendment-regulations-northern-ireland-2001",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations.)\nThese Regulations amend the Stakeholder Pension Schemes Regulations (Northern Ireland) 2000 (“the principal Regulations”).\nThe principal Regulations are amended—\nto permit stakeholder schemes established otherwise than under a trust (“non-trust schemes”) to restrict membership of the scheme by reference to employment or to membership of a particular organisation. This brings non-trust schemes into line with schemes established under a trust (“trust schemes”) (regulation 3(4));\nto clarify, for both non-trust and trust schemes, that restrictions may be imposed on payment of contributions by cash or a credit card (regulation 3(4));\nto include the authorised corporate director of an open-ended investment company among the categories of person who may be the manager of a non-trust scheme (regulation 2), and\nto clarify the reference in regulation 3(1) of the principal Regulations to “pension credits” (regulation 3(2)).\nThe Regulations also make consequential amendments (regulation 3(3), 4 and 5).",
  "extent": "N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2001/13/note",
    "retrieved_at": "2026-10-29T02:13:21.519164+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."
}