Source: http://www.legislation.gov.uk/nisr/2005/48/body/made
Timestamp: 2013-05-19 23:05:38
Document Index: 189124603

Matched Legal Cases: ['art 1', 'art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7']

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Status:This is the original version (as it was originally made). Northern Ireland Statutory Rules are not carried in their revised form on this site.Citation, interpretation and appointed daysCitation and interpretation1.—(1) This Order may be cited as the Pensions (2005 Order) (Commencement No. 1 and Consequential and Transitional Provisions) Order (Northern Ireland) 2005.
“the Deficiency on Winding Up Regulations” means the Occupational Pension Schemes (Deficiency on Winding Up, etc.) Regulations (Northern Ireland) 1996(1);
“the Winding Up Regulations” means the Occupational Pension Schemes (Winding Up) Regulations (Northern Ireland) 1996(2).
Appointed days2.—(1) The day appointed for the coming into operation of the provisions of the Order specified in Part 1 of the Schedule is 25th February 2005.
(2) The day appointed for the coming into operation of the provisions of the Order specified in Part 2 of the Schedule –
(a)for the purpose only of authorising the making of regulations or orders, as the case may be, is 25th February 2005, and
(3) The day appointed for the coming into operation of the provisions of the Order specified in Part 3 of the Schedule –
(a)for the purpose only of authorising the making of regulations, is 25th February 2005, and
(4) Subject to paragraphs (8) and (10), the day appointed for the coming into operation of the provisions of the Order specified in Part 4 of the Schedule –
(a)for the purpose only of authorising the making of regulations, orders or rules, as the case may be, is 25th February 2005, and
(5) The day appointed for the coming into operation of the provisions of the Order specified in Part 5 of the Schedule is 8th March 2005.
(6) The day appointed for the coming into operation of the provisions of the Order specified in Part 6 of the Schedule is 1st April 2005.
(7) Subject to paragraph (12), the day appointed for the coming into operation of the provisions of the Order specified in Part 7 of the Schedule is 6th April 2005.
(8) Paragraph (4) does not apply as respects Article 247 of the Order, so far as it affects Articles 73 and 74 of the 1995 Order as they apply immediately before 6th April 2005 to any scheme which –
(a)was regarded at that time by virtue of regulation 2 of the Winding Up Regulations as having begun to be wound up for the purposes of those Regulations, or
(b)in accordance with Article 121(4) to (8)(3) of the 1995 Order began to wind up before that date.
(9) In paragraph (8) the reference to a scheme includes a reference to any section of a scheme to which Articles 73 and 74 of the 1995 Order apply as if it were a scheme by virtue of regulation 12(4) of the Winding Up Regulations.
(10) Paragraph (4) does not apply as respects Article 248 of the Order, so far as it affects Article 75 of the 1995 Order as it applies immediately before 6th April 2005 to –
(a)any scheme other than a money purchase scheme in the case of which a debt to the trustees or managers of the scheme has been treated as arising under Article 75(1) of the 1995 Order before that date;
(b)any scheme regarded at that time by virtue of regulation 2(5) of the Deficiency on Winding Up Regulations as having begun to be wound up for the purposes of those Regulations, or
(c)any scheme which in accordance with Article 121(4) to (8) of the 1995 Order began to wind up before that date.
(11) In paragraph (10) the reference to a scheme includes a reference to any section of a scheme to which Article 75 of the 1995 Order applies as if it were a scheme by virtue of regulation 4(6) or 8 of the Deficiency on Winding Up Regulations.
(12) Paragraph (7) does not apply as respects Article 242 of the Order, so far as it affects any period of paternity leave or adoption leave which began before 6th April 2005.
Consequential amendments, transitional modifications and adaptationsConsequential amendment of the Occupational Pension Schemes (Pensions Compensation Provisions) Regulations3.—(1) The Occupational Pension Schemes (Pensions Compensation Provisions) Regulations (Northern Ireland) 1997(7) shall be amended in accordance with paragraphs (2) and (3).
(2) In regulation 5(8) (amount of compensation) –
(a)in paragraph (2) for the words from “The amount” to “Article 81(3)(a) and (b)” there shall be substituted “The amount or, as the case may be, the aggregate, shall not exceed the aggregate specified in Article 81(3)(9)”;
(3) Regulations 3A(10) (protected liabilities – prescribed class of members), 6(5)(d)(11) (payments made in anticipation not to exceed the amount of the protected liabilities), 7(12) (mixed benefit schemes) and 10 (modifications for money purchase schemes) shall be omitted.
Transitional modification4. Where –
Transitional provisions in relation to the Pensions Compensation Board5.—(1) For the purposes of the provision of information by the Pensions Ombudsman to the Pensions Compensation Board, section 145(6)(13) of the Pension Schemes Act shall have effect until 1st September 2005 as if there were inserted after the end of paragraph (ba) (as substituted by paragraph 21 of Schedule 10 to the Order) –
(2) The Table in section 154A(1)(14) of the Pension Schemes Act shall have effect until 1st September 2005 as if the entry relating to the Pensions Compensation Board (prior to its substitution by paragraph 21 of Schedule 10 to the Order) remained in place.
Transitional provision and saving in relation to section 170 of the Pension Schemes Act6. Notwithstanding anything in this Order, section 170(8)(15) of the Pension Schemes Act (levies towards certain expenditure) continues to apply to a levy for which any person was liable by virtue of section 170 of that Act immediately before 1st April 2005, but which has not been paid in full before that date, as it had effect immediately before that date, except that the reference to “the Registrar” shall be read as if it were a reference to “the Regulatory Authority”.
Consequential amendment of the Paternity and Adoption Leave Regulations7.—(1) The Paternity and Adoption Leave Regulations (Northern Ireland) 2002(16) shall be amended in accordance with paragraphs (2) and (3).
(2) In regulation 14(2) (incidents of the right to return after paternity leave) for the words from “paragraphs 5” to the end there shall be substituted “paragraphs 5, 5B and 6 of Schedule 5 to the Social Security (Northern Ireland) Order 1989(17) (equal treatment under pension schemes: maternity absence, adoption leave and family leave)”.
(3) In regulation 27(2) (incidents of the right to return from adoption leave) for the words from “paragraphs 5” to the end there shall be substituted “paragraphs 5, 5B and 6 of Schedule 5 to the Social Security (Northern Ireland) Order 1989 (equal treatment under pension schemes: maternity absence, adoption leave and family leave)”.
Sealed with the Official Seal of the Department for Social Development on 24th February 2005.