Section 3ZA Power to limit savings credit for certain mixed-age couplesF1

Northern Ireland

(1)

Regulations may provide that, in prescribed cases, a person who is a member of a mixed-age couple is not entitled to a savings credit.

(2)

For example, the regulations could provide that a member of a mixed-age couple is not entitled to a savings credit unless—

(a)

the person has been awarded a savings credit with effect from a day before 6 April 2016 and was entitled to a savings credit immediately before that date, and

(b)

the person remained entitled to state pension credit at all times since the beginning of 6 April 2016.

(3)

In this section “ mixed-age couple ” means a couple (whenever formed) one member of which had attained pensionable age before 6 April 2016 and the other had not.

Annotations

Textual amendments

F1: S. 3ZA inserted (14.9.2015) by Pensions Act (Northern Ireland) 2015 (c. 5), s. 53(3), Sch. 12 para. 74; S.R. 2015/329, art. 2(2)(c)