S.I. No 136 of 2007.


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S.I. 136 of 2007

SOCIAL WELFAR E L AW REFORM AND PENSIONS ACT 2006 ( Section 42) (COMMENCEMENT) ORDER, 2006

 

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation.)

This Order provides for the commencement of section 42 of the Social Welfare Law Reform and Pensions Act 2006 with effect from 2 nd April 2007.

Section 42 of the Social Welfare Law Reform and Pensions Act 2006 inserts a new section 51A into the Pensions Act 1990 . Section 51A provides that the Minister may make regulations requiring the work carried out by a pension scheme Actuary to be reviewed to ensure that it complies with the provisions of the Pensions Act and any regulations made under the Act. Section 51A further provides that the review shall be carried out in accordance with professional guidance issued by the Society of Actuaries in Ireland.


Last modified:25/09/2008
 

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