Automatic Enrolment Retirement Savings System Act 2024
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Definitions | ||
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2. In this Act— | ||
“AE provider scheme” shall be construed in accordance with section 69 (2); | ||
“Authority” has the meaning given by section 8 ; | ||
“company” means— | ||
(a) a company formed and registered under the Companies Act 2014 , or | ||
(b) an existing company within the meaning of that Act; | ||
“contributing participant” shall be construed in accordance with section 57 ; | ||
“contribution” means a participant contribution, an employer contribution or a State contribution; | ||
“employee” has the meaning given by section 47 ; | ||
“employer” has the meaning given by section 47 ; | ||
“employer contribution” means a contribution to which section 59 (2) applies; | ||
“enactment” has the same meaning as it has in the Interpretation Act 2005 ; | ||
“enrolment date”, in relation to a person, means the date assigned as that person’s enrolment date under section 50 (1) or section 53 (1); | ||
“European Union act” means— | ||
(a) a provision of the treaties governing the European Union, or | ||
(b) an act or provision of an act adopted by an institution of the European Union, an institution of the European Communities or any other body competent under those treaties; | ||
“financial year” means the period which is co-extensive with a calendar year; | ||
“investment management provider” shall be construed in accordance with section 68 (2); | ||
“Minister” means the Minister for Social Protection; | ||
“NTMA” means the National Treasury Management Agency; | ||
“participant” shall be construed in accordance with section 49 ; | ||
“participant contribution” means a contribution to which section 59 (1) applies; | ||
“pensionable age” has the meaning given by section 2 of the Social Welfare Consolidation Act 2005 ; | ||
“prescribe” means prescribe by regulations made by the Minister under this Act; | ||
“re-enrolment date”, in relation to a person, means a date assigned as that person’s re enrolment date under section 53 (3) or section 55 (1); | ||
“service provider” means a person engaged under section 32 ; | ||
“State contribution” means a contribution to which section 60 applies. |