Search Legislation

The Occupational Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1996

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)

More Resources


This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

  1. Introductory Text

  2. Part I General

    1. 1.Citation, commencement and interpretation

  3. Part II Restrictions on Right to Cash Equivalent

    1. 2.Pre-1986 leavers

    2. 3.Rules on continuation in employment after termination of pensionable service

    3. 4.Right to further cash equivalent on termination of employment to which the scheme applies

    4. 5.Treatment of a number of employments as a single employment

  4. Part III Guaranteed Statements of Entitlement and Calculation of Transfer Values

    1. 6.Guaranteed statements of entitlement

    2. 7.Manner of calculation and verification of cash equivalents

    3. 8.Further provisions as to calculation of cash equivalents and increases and reductions of cash equivalents (other than guaranteed cash equivalents)

    4. 9.Increases and reductions of guaranteed cash equivalents

    5. 10.Increases of cash equivalents on late payment

    6. 11.Disclosure

  5. Part IV Receiving Schemes, Annuities and Arrangements

    1. 12.Requirements to be met by receiving schemes, annuities and arrangements

  6. Part V Time Limits for Payment of Cash Equivalents

    1. 13.Extension of time limits for payment of cash equivalents

  7. Part VI Modification of the Act

    1. 14.Extension of time within which member may exercise option to take a guaranteed cash equivalent

    2. 15.Cases where normal pension age is earlier than 60

    3. 16.Accrued rights, or liabilities in respect of accrued rights, transferred without consent

    4. 17.Schemes with an overseas element

    5. 18.Termination of pensionable service in certain circumstances to be disregarded

    6. 19.Hybrid schemes

  8. Part VII Penalties

    1. 20.Maximum penalty under Article 10

  9. Part VIII Revocations and Transitional Provisions

    1. 21.Revocations and transitional provisions

  10. Signature

    1. SCHEDULE 1

      Information to be made available to Members

      1. 1.Whether any cash equivalent (within the meaning of Chapter IV...

      2. 2.Whether any transfer value (not being a cash equivalent within...

    2. SCHEDULE 2

      Transitional Provisions

    3. SCHEDULE 3

      Regulations revoked

  11. Explanatory Note

Back to top


Print Options


Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.


Opening Options

Different options to open legislation in order to view more content on screen at once


More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources