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

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Regulation 18(2)(a)

SCHEDULE 2Information to be included in Notice

1.  The right of the member to cancel his membership of the scheme.

2.  The provisions of section 156(1), the scheme rules and of these Regulations which govern the exercise of the right referred to in paragraph 1.

3.  The name and address of the person on whom the member’s counter-notice, mentioned in regulation 18, should be served.

4.  The type of account, or accounts, in which contributions to the scheme are invested.

5.  The rate of interest, at the time when the notice is served, which is accruing to contributions of members of the scheme which are then invested.

6.  The part—

(a)of any payment or payments that are made to the scheme by or on behalf of a member;

(b)of any income arising from the investment of payments such as are mentioned in sub-paragraph (a); or

(c)of the value of rights under the scheme,

that may be used (otherwise than as an unidentifiable element in the calculation of interest on invested contributions)—

(i)to defray the administrative expenses of the scheme;

(ii)to pay commission; or

(iii)in any other way which does not result in the provision of benefits for or in respect of members.

7.  How tax relief on members' contributions is effected.

8.  How the cessation of the making of contributions to the scheme by a member of it, not less than 21 days after he becomes a member of it, but before the end of the period for which he could continue making such contributions, would affect the member’s rights under the scheme.

9.  The address to which enquiries about the scheme generally or about an individual’s entitlement to benefit should be sent.

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