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The Pensions (2005 Order) (Codes of Practice) (Revocation) Order (Northern Ireland) 2024

Type Ni-Statutory-Rule

Publication 2024-06-13

Last updated 2024-07-05

State In force

Jurisdiction Northern Ireland

Department Government Printer for Northern Ireland

Source legislation.gov.uk

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Made

Coming into operation: 5th July 2024

The Pensions Regulator consents to the making of this Order as required by Article 87(2) of the Pensions (Northern Ireland) Order 2005.

Citation and commencement

1

This Order may be cited as the Pensions (2005 Order) (Codes of Practice) (Revocation) Order (Northern Ireland) 2024 and shall come into operation on 5th July 2024.

Revocation of codes of practice

2

The following Codes of Practice are revoked—

(a) the Pensions Regulator Code of Practice No. 1: Reporting breaches of the law³;

(b) the Pensions Regulator Code of Practice No. 4: Early leavers – reasonable periods⁴;

(c) the Pensions Regulator Code of Practice No. 5: Reporting late payment of contributions to occupational money purchase schemes⁵;

(d) the Pensions Regulator Code of Practice No. 6: Reporting late payment of contributions to personal pensions⁶;

(e) the Pensions Regulator Code of Practice No. 7: Trustee knowledge and understanding (TKU)⁷;

(f) the Pensions Regulator Code of Practice No. 8: Member-nominated trustees and directors – putting in place and implementing arrangements⁸;

(g) the Pensions Regulator Code of Practice No. 9: Internal controls⁹;

(h) the Pensions Regulator Code of Practice No. 11: Dispute resolution – reasonable periods¹⁰;

(i) the Pensions Regulator Code of Practice No. 7: Trustee knowledge and understanding (TKU): Second issue¹¹;

(j) the Pensions Regulator Code of Practice No. 5: Reporting late payment of contributions to occupational pension schemes: Second issue¹²;

(k) the Pensions Regulator Code of Practice No. 6: Reporting late payment of contributions to personal pension schemes: Second issue¹³;

(l) the Pensions Regulator Code of Practice No. 13: Governance and administration of occupational trust-based schemes¹⁴;

(m) the Pensions Regulator Code of Practice No. 14: Governance and administration of public service pension schemes¹⁵;

(n) the Pensions Regulator Code of Practice No. 13: Governance and administration of occupational trust-based schemes providing money purchase benefits: Second issue¹⁶.

Signed

Sealed with the Official Seal of the Department for Communities on 13th June 2024

David Tarr — A senior officer of the Department for Communities

Consent given by authority of the Pensions Regulator on 6th June 2024

Nausicaa Delfas — Chief Executive of the Pensions Regulator

Explanatory note

(This is not part of the Order)

EXPLANATORY NOTE

This Order revokes codes of practice that were issued by the Pensions Regulator. The Pensions Regulator has issued the General code of practice which consolidates ten existing codes of practice and provides guidance to those running occupational, personal and public service pension schemes.

The General code of practice is available on the Pensions Regulator’s website: https://www.thepensionsregulator.gov.uk/en/document-library. Copies may be obtained by post from the Pensions Regulator, Telecom House, 125-135 Preston Road, Brighton BN1 6AF.

Footnotes

See section 1(7) of the Departments Act (Northern Ireland) 2016 (c. 5 (N.I.))

S.I. 2005/255 (N.I. 1); Article 87 was amended by paragraph 16 of Schedule 4 to the Public Service Pensions Act (Northern Ireland) 2014 (c. 2 (N.I.))

See Article 2 of S.R. 2005 No. 192 (C. 14)

See Article 2(a) of S.R. 2006 No. 231

See Article 2(b) of S.R. 2006 No. 231

See Article 2(c) of S.R. 2006 No. 231

See Article 2(d) of S.R. 2006 No. 231

See Article 2(a) of S.R. 2006 No. 460

See Article 2(b) of S.R. 2006 No. 460

See Article 2 of S.R. 2008 No. 305

See Article 2 of S.R. 2009 No. 374

See Article 2(a) of S.R. 2013 No. 222

See Article 2(b) of S.R. 2013 No. 222

See Article 2 of S.R 2013 No. 263

See Article 2 of S.R. 2015 No. 118

See Article 2 of S.R. 2016 No. 330

Editorial notes

Art. 1 in operation at 5.7.2024, see art. 1

Art. 2 in operation at 5.7.2024, see art. 1

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