Pensions Act, 1990

Exclusion from and modification of Part IV and Third Schedule .

52.—(1) Where the Minister considers that some or all of the benefits under specified schemes or categories of schemes are, or may be, paid in whole or in part out of moneys provided from the Central Fund or moneys provided by the Oireachtas, he may by regulations made with the consent of the Minister for Finance exclude those schemes or categories of schemes from the application of this Part and the Third Schedule .

(2) Where the Minister considers that—

(a) it would be unreasonable, having regard to their nature, character and resources and the methods by which benefits payable under them are funded, and

(b) it would be contrary to the interests of their members,

to require specified schemes or categories of schemes to comply fully with specified provisions of this Part and the Third Schedule , he may by regulations made with the consent of the Minister for Finance provide that those provisions shall apply in relation to those schemes or categories of schemes with specified modifications, being modifications that, in the opinion of the Minister, are reasonable and do not materially alter those provisions.