Pension Schemes Act 2021
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Change 1
57 Amendment of definitions of “money purchase benefits” etc
(1) Schedule 4 contains amendments of definitions of “money purchase benefits” in— (a) Schedule 10A to the Building Societies Act 1986 (disclosures about directors, other officers and employees in notes to accounts); (b) the Pension Schemes (Northern Ireland) Act 1993; (c) Part 1 of the Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13 (N.I.)) (pension scheme membership for jobholders). (2) In section 30 of the Pensions Act (Northern Ireland) 2012 (c. 3 (N.I.)) (power to amend definitions of “money purchase benefits” in certain Acts)— (a) in subsection (1)— (i) for “purpose the” substitute purpose— (a) the ; (ii) at the end insert , or (b) section 53 of the Pension Schemes Act 2021 (collective money purchase benefits: meaning of “qualifying benefits”). ; (b) in subsection (2), at the end insert “ or by Schedule 4 to the Pension Schemes Act 2021 ”.
57 Amendment of definitions of “money purchase benefits” etc
(1) Schedule 4 contains amendments of definitions of “money purchase benefits” in— (a) Schedule 10A to the Building Societies Act 1986 (disclosures about directors, other officers and employees in notes to accounts); (b) the Pension Schemes (Northern Ireland) Act 1993; (c) Part 1 of the Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13 (N.I.)) (pension scheme membership for jobholders). (2) In section 30 of the Pensions Act (Northern Ireland) 2012 (c. 3 (N.I.)) (power to amend definitions of “money purchase benefits” in certain Acts)— (a) in subsection (1)— (i) for “purpose the” substitute purpose— (a) the ; (ii) at the end insert , or (b) section 53 of the Pension Schemes Act 2021 (collective money purchase benefits: meaning of “qualifying benefits”). ; (b) in subsection (2), at the end insert “ or by Schedule 4 to the Pension Schemes Act 2021 ”.
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