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The Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997
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Employer to make payments of benefits into a separate account
15. An employer is required, in cases where payments of benefits to members of trust schemes are made by him, to make into a separate account kept by him at an institution authorised under the Banking Act 1987, any payment of benefit which has not been made to a member within 2 business days after the date of receipt by the employer.
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