The Personal Pension Schemes (Appropriate Schemes) Regulations (Northern Ireland) 1997

Allocation of minimum contributions

14.  A personal pension scheme can be an appropriate scheme only if the rules of the scheme provide that any minimum contributions falling to be applied so as to provide benefits in respect of a member are to be so applied from the date on which payment is made by the Department in accordance with regulation 13 and that such minimum contributions are to be allocated to that member’s account within 3 months of that date.