S.I. No. 629/2021 - Trust RACs (Registration) (Amendment) Regulations 2021

Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 30th November, 2021.

I, HEATHER HUMPHREYS T.D., Minister for Social Protection, in exercise of the powers conferred on me by section 5 and section 60 (as amended by section 37 of the Social Welfare and Pensions Act 2007 (No. 8 of 2007)) of the Pensions Act 1990 (No. 25 of 1990) (as adapted by the Employment Affairs and Social Protection (Alteration of Name of Department and Title of Minister) Order 2020 ( S.I. No. 447 of 2020 )), hereby make the following Regulations:

Citation and Construction

1. These Regulations may be cited as the Trust RACs (Registration) (Amendment) Regulations 2021.

2. These Regulations and the Trust RACs (Registration) Regulations 2007 shall be construed together as one and may be cited as the Trust RACs (Registration) Regulations 2007 to 2021.

Amendments

3. The Trust RACs (Registration) Regulations 2007 ( S.I. No. 187 of 2007 ) are amended in Regulation 3 by –

(a) in sub-article (2), by the substitution of “60(2A)” for “60(2)”, and

(b) in sub-article (3), by the substitution of “1 month” for “12 months”.

GIVEN under my Official Seal,

25 November, 2021.

HEATHER HUMPHREYS T.D.,

Minister for Social Protection.

EXPLANATORY NOTE

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

These Regulations amend S.I. No. 187 of 2007 by amending the section of the Pensions Act 1990 referred to in Regulation 3(2) and by amending the period specified in Regulation 3(3) in which the trustees of a trust RAC are required to notify the Pensions Authority of changes to the information that has been provided to it for the purposes of registration under section 60 of the Pensions Act 1990 .