(1) There shall be an Assembly called the New Northern Ireland Assembly, for the purpose of taking part in preparations to give effect to the agreement reached at the multi-party talks on Northern Ireland set out in Command Paper 3883.
(2) The Secretary of State may refer to the Assembly—
(a) specific matters arising from that agreement, and
(b) such other matters as he thinks fit.
(3) The Assembly shall consist of 108 members.
(4) The initial members shall be returned at an election for the constituencies in Northern Ireland which would return members to the Parliament of the United Kingdom if a general election were held on the date of the passing of this Act.
(5) Each constituency shall return six members.
(6) The Schedule to this Act (which makes supplementary provision about the Assembly) shall have effect.