The Pensions (Northern Ireland) Order 2005

Notification of legal requirements of host member State outside United Kingdom

This section has no associated Explanatory Memorandum

266.—(1) Where—

(a)the Regulator has notified the competent authority of the host member State under paragraph (2)(a)(i) of Article 265, and

(b)in pursuance of Article 20(5) of the Directive, the Regulator receives information from the competent authority as to requirements of the social and labour law of the host member State and as to the other matters referred to in Article 20(5) of the Directive,

the Regulator must as soon as reasonably practicable forward that information to the person who gave the notice of intention under Article 265.

(2) Where—

(a)the trustees or managers of an occupational pension scheme are approved under Article 265 in relation to a European employer, and

(b)in pursuance of Article 20(8) of the Directive, the Regulator receives information (“the new information”) from the competent authority of the host member State as to changes affecting any information previously forwarded under paragraph (1),

the Regulator must as soon as reasonably practicable forward the new information to the trustees or managers.