Commentary on Sections Part 3: Occupational Pension Schemes Section 26: Technical amendment to section 38(2) of the Pension Schemes (Northern Ireland) Act 1993
Section 26 amends an inaccurate cross-reference in section 38(2) of the Pension Schemes (NI) Act. The power specified previously allowed the percentages stated in Schedule 3 to that Act (in respect of contributions owed by bankrupt employers of salary-related contracted-out schemes) to be changed in line with changes to the rebate percentages. The amendment refers to the correct paragraph in Schedule 3 which contains the rebate percentages.