- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
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71.—(1) Schedule 5 (pension credits: mode of discharge) is amended as follows.
(2) In paragraph 8(1)(b), for the words from “Article 56” to “related schemes)” substitute “Part IV of the Pensions (Northern Ireland) Order 2005 (scheme funding)”.
(3) After paragraph 13 insert—
“13A. The provisions of this Schedule are subject to—
(a)Article 73A(3) and (6) of the Pensions Order (prohibition on new members during winding up of scheme: exception for discharge of pension credit derived from the scheme), and
(b)Article 117(2) and (8) of the Pensions (Northern Ireland) Order 2005 (prohibition on new members during an assessment period in relation to a scheme: exception for discharge of pension credit derived from the scheme).”.
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Explanatory Memorandum sets out a brief statement of the purpose of a Northern Ireland Order in Council and provides information about its policy objective and policy implications. They aim to make the Order accessible to readers who are not legally qualified and accompany any Northern Ireland Order in Council made since 2002.
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