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Statutory Rules of Northern Ireland


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STATUTORY RULES OF NORTHERN IRELAND


2005 No. 375

PENSIONS

The Pensions (2005 Order) (Pensions Compensation Board Transitional Adaptations and Savings) Order (Northern Ireland) 2005

  Made 8th August 2005 
  Coming into operation 1st September 2005 

The Department for Social Development, in exercise of the powers conferred on it by Articles 287(3) and 292 of the Pensions (Northern Ireland) Order 2005[1] and of all other powers enabling it in that behalf, hereby makes the following Order:

Citation, commencement and interpretation
     1. —(1) This Order may be cited as the Pensions (2005 Order) (Pensions Compensation Board Transitional Adaptations and Savings) Order (Northern Ireland) 2005 and shall come into operation on 1st September 2005.

    (2) In this Order—

Transitional adaptations
     2. —(1) Where anything which, immediately before 1st September 2005, is in the process of being done by, or in relation to, the Pensions Compensation Board pursuant to, or for the purposes of, any function of the Pensions Compensation Board is continued by, or in relation to, the Board pursuant to, or for the purposes of, that function, Articles 78 to 82 of the 1995 Order shall be read as if references to "the Compensation Board" were references to "the Board of the Pension Protection Fund".

    (2) Where any function of the Pensions Compensation Board falls to be exercised by the Board, Schedule 8 to the Order (reviewable matters) shall be modified as if after paragraph 30 there were added the following paragraph—

Savings
    
3. Subject to the transitional adaptations in Article 2(1), Articles 78 to 82 of the 1995 Order shall, so far as is required for the purpose of giving effect to Article 2(1), continue to have effect as they were in operation immediately before their repeal by Schedule 11 to the Order.



Sealed with the Official Seal of the Department for Social Development on


8th August 2005.

L.S.


John O'Neill
A senior officer of the Department for Social Development


EXPLANATORY NOTE

(This note is not part of the Order)


This Order makes transitional adaptations and savings in connection with the dissolution of the Pensions Compensation Board.

Article 2(1) provides for references to the Pensions Compensation Board to be read as references to the Board of the Pension Protection Fund ("the Board") in relation to anything which is continued by, or in relation to, the Board pursuant to, or for the purposes of, any function of the Pensions Compensation Board.

Article 2(2) provides for an addition to the reviewable matters mentioned in Schedule 8 to the Pensions (Northern Ireland) Order 2005.

Article 3 saves provisions of the Pensions (Northern Ireland) Order 1995 for the purpose of giving effect to the transitional adaptations in Article 2(1).

The Pensions (2005 Order) (Commencement No. 5 and Appointed Day) Order (Northern Ireland) 2005 (S.R. 2005 No. 321 (C. 24)) provides for the coming into operation of Article 292, under which this Order is made, on 1st July 2005.


Notes:

[1] S.I. 2005/255 (N.I. 1)back

[2] S.I. 1995/3213 (N.I. 22); Article 78 was amended by Article 254(2) of the Pensions (Northern Ireland) Order 2005back

[3] Article 79 was amended by Article 16(1) and (2) of the Welfare Reform and Pensions (Northern Ireland) Order 1999 (S.I. 1999/3147 (N.I. 11)) and Article 254(3) of the Pensions (Northern Ireland) Order 2005back

[4] Article 81 was amended by Article 16(3) to (6) of the Welfare Reform and Pensions (Northern Ireland) Order 1999 and Article 254(4) of the Pensions (Northern Ireland) Order 2005back

[5] S.I. 2005/1720 (C. 73)back

[6] 1995 c. 26; section 78 was amended by Article 145 of the Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649)back



ISBN 0 337 96124 7


 © Crown copyright 2005

Prepared 17 August 2005


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