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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order.)

This Order provides for the coming into operation on 23rd April 2001, in so far as it is not already in operation, of Article 16 of the Welfare Reform and Pensions (Northern Ireland) Order 1999 to make further provision for the compensation payable by the Pensions Compensation Board to schemes whose assets have been reduced in value as a result of certain acts or omissions. An associated repeal is brought into operation on the same date.