- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format.
2.—(1) The Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 1996(1) shall be amended in accordance with paragraphs (2) to (4).
(2) In regulation 2(2) (schemes to which regulation 5 does not apply) for sub-paragraph (a) there shall be substituted the following sub-paragraph—
“(a)in which each of the members is a trustee of the scheme;”.
(3) In regulation 6 (investments to which restrictions do not apply)—
(a)in paragraph (8)(2)—
(i)after sub-paragraph (d) the word “and” shall be omitted; and
(ii)after sub-paragraph (e) there shall be inserted—
“and
(f)the loan was made and the security given before 9th August 1999.”;
(b)after paragraph (8) there shall be inserted the following paragraph—
“(8A) This regulation applies to any security given over a policy of insurance to secure obligations of the employer, or of any person who is connected with, or an associate of, the employer, where—
(a)the scheme provides benefits for any director of a company which is the employer;
(b)the policy is specifically allocated to the provision of benefits under the scheme for that director;
(c)the policy concerned is effected with an insurance company such as is mentioned in paragraph (2)(b) and the obligations secured are to the same insurance company;
(d)Inland Revenue requirements concerning the loan and the giving of the security have been satisfied; and
(e)the director mentioned in sub-paragraph (b) has agreed in writing to the security being given.”.
(4) In Part III—
(a)in the heading to that Part, the words “EXEMPTIONS FROM, AND MODIFICATION OF, REQUIREMENT TO OBTAIN” shall be omitted;
(b)after regulation 11 there shall be inserted the following regulation—
11A. The matters prescribed for the purposes of Article 35(3)(f) (other matters on which trustees must state their policy in their statement of investment principles) are—
(a)the extent (if at all) to which social, environmental or ethical considerations are taken into account in the selection, retention and realisation of investments; and
(b)the trustees' policy (if any) in relation to the exercise of the rights (including voting rights) attaching to investments.”.
S.R. 1996 No. 584; relevant amending regulations are S.R. 1997 No. 162
Paragraph (8) was substituted by regulation 4(3) of S.R. 1997 No. 162
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys: