The Pension Sharing (Implementation and Discharge of Liability) Regulations (Northern Ireland) 2000

1. Introductory Text

2. Part I General

   1. 1. Citation, commencement and interpretation

3. Part II Extension, Postponement or Cessation of Implementation Period

   1. 2. Time period for notification to the Regulatory Authority of failure by the trustees or managers of an occupational pension scheme to discharge their liability in respect of a pension credit

   2. 3. Circumstances in which an application for an extension of the implementation period may be made

   3. 4. Postponement or cessation of implementation period when an application is made for leave to appeal out of time

   4. 5. Civil Penalties

4. Part III Death of Person entitled to a Pension Credit before Liability in Respect of the Pension Credit is Discharged

   1. 6. Discharge of liability in respect of a pension credit following the death of the person entitled to the pension credit

5. Part IV Discharge of Liability in Respect of a Pension Credit

   1. 7. Funded pension schemes

   2. 8. Unfunded occupational pension schemes other than public service pension schemes

   3. 9. Other pension arrangements

   4. 10. Calculation of the value of appropriate rights

   5. 11. Qualifying arrangements

   6. 12. Destination for pension credit — general

   7. 13. Destination for pension credit — contracted-out or safeguarded rights

   8. 14. Destination for pension credit — occupational pension schemes

   9. 15. Disqualification as a destination for pension credit — annuity contracts and insurance policies

   10. 16. Adjustments to amount of pension credit — occupational pension schemes which are underfunded on the valuation day

   11. 17. Adjustments to amount of the pension credit — payments made without knowledge of the pension debit

   12. 18. Adjustments to amount of the pension credit — increasing amount of the pension credit

6. Signature

7. Explanatory Note