The Personal and Occupational Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 1997

Amendment of the Personal Pension Schemes (Disclosure of Information) Regulations

1.—(1) The Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 1987(1) shall be amended in accordance with sub-paragraphs (2) to (5).

(2) In regulation 1(2)(2) in the definition of “scheme year” for paragraph (b) there shall be substituted the following paragraph—

“(b) such other period (if any) exceeding 6 months but not exceeding 18 months as is selected by the trustees in connection with—

(i) the commencement or termination of the scheme, or

(ii) a variation of the date on which the year or period referred to in paragraph (a) is to commence;”.

(3) In regulation 5(9)(3)—

(a) for “the Occupational Pensions Board have” there shall be substituted “the Department has”; and

(b) in sub-paragraph (a) for “it was communicated to the trustees by the Occupational Pensions Board” there shall be substituted “the date on which the trustees receive notification of that determination”.

(4) In Schedule 1 in paragraph 5 for “the Occupational Pensions Board” there shall be substituted “the Department”.

(5) In Schedule 2 in paragraph 10 for “the Occupational Pensions Board” there shall be substituted “the Department”.

(1)

S.R. 1987 No. 288; relevant amending regulations are S.R. 1992 No. 304

(2)

The definition of “scheme year” was substituted by regulation 18(b) of S.R. 1992 No. 304

(3)

Paragraph (9) was amended by regulation 20(c) of S.R. 1992 No. 304