The Pensions Regulator (Financial Support Directions, etc.) Regulations (Northern Ireland) 2005

Prescribed events

4.  An event prescribed for the purposes of Article 39(3)(c) (financial support directions – content of direction) is—

(a) any event specified in any sub-paragraph of regulation 2(2) of the Pensions Regulator (Notifiable Events) Regulations (Northern Ireland) 2005(1) (employer-related notifiable events) which occurs in respect of any party named in arrangements approved in a notice issued under Article 41(1) (meaning of “financial support”);

(b) any insolvency event, as defined in Article 105(2) to (5) (insolvency events) as the case may be, in relation to any person named in a financial support direction;

(c) any failure to abide by, or any alteration to, an arrangement falling within Article 41(2) (meaning of “financial support” – arrangements) and approved by the Regulator in a notice issued under Article 41(1) (meaning of “financial support”).

(1)

S.R. 2005 No. 172; regulation 2 was amended by regulation 9 of S.R. 2005 No. 357