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Statutory Rules of Northern Ireland

2022 No. 107 (C. 12)

Pensions

The Financial Guidance and Claims Act 2018 (Commencement No. 1) Order (Northern Ireland) 2022

Made

14th March 2022

The Department for Communities makes the following Order in exercise of the powers conferred by section 37(2) and (3)(c) of the Financial Guidance and Claims Act 2018(1).

Citation

1.  This Order may be cited as the Financial Guidance and Claims Act 2018 (Commencement No. 1) Order (Northern Ireland) 2022.

Appointed day

2.  The day appointed for the coming into operation of the following provisions of the Financial Guidance and Claims Act 2018 is 15th March 2022—

(a)section 19(6) (occupational pension schemes: requirements to refer members to guidance etc), in so far as it relates to the provisions specified in paragraphs (b) and (c);

(b)for the purpose only of authorising the making of regulations, section 19(7) and (8), and

(c)section 19(9).

Sealed with the Official Seal of the Department for Communities on 14th March 2022

(L.S.)

Anne McCleary

A senior officer of the Department for Communities

EXPLANATORY NOTE

(This note is not part of the Order)

This Order commences provisions of the Financial Guidance and Claims Act 2018 (“the Act”) relating to requirements to refer individuals to pensions guidance.

Article 2 appoints 15th March 2022 as the day for the coming into operation of section 19(7) and (8) of the Act which inserts section 109B into the Pension Schemes (Northern Ireland) Act 1993 (c. 49) (occupational pension schemes: requirements to refer members to guidance etc), for the purpose only of authorising the making of regulations by the Department for Communities.

Article 2 also appoints 15th March 2022 as the day for the coming into operation of section 19(9) of the Act which amends section 177(6) of the Pension Schemes (Northern Ireland) Act 1993 (orders and regulations) to create an exception to the power of the Department of Finance (see section 1(4) of the Departments Act (Northern Ireland) 2016 (c. 5 (N.I.))) to direct that regulation-making powers are exercisable only in conjunction with it.