Search Legislation

The Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations (Northern Ireland) 2005

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)

Status:

This is the original version (as it was originally made). This item of legislation is currently only available in its original format.

Hybrid schemes

10.—(1) The fraud compensation provisions shall be modified in their application to a hybrid scheme so that they shall be read as if—

(a)in Article 168 (fraud compensation payments) after paragraph (2) there were inserted the following paragraph—

(2A) In the case of a scheme which is a hybrid scheme, the trustees or managers must, where the reduction (or, if there has been more than one reduction, the aggregate amount of the reductions) relates to a part or section of the hybrid scheme, add fraud compensation payments to the assets of that section or part of the scheme.;

(b)in Article 169(2) (interim payments) after paragraph (2) there were inserted the following paragraph—

(2A) In the case of a scheme which is a hybrid scheme, the trustees or managers must, where the reduction (or, if there has been more than one reduction, the aggregate amount of the reductions) relates to a part or section of the hybrid scheme, add amounts paid under this Article to the assets of that section or part of the scheme..

Back to top

Options/Help

Print Options

Close

Legislation is available in different versions:

Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.

Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.

Close

Opening Options

Different options to open legislation in order to view more content on screen at once

Close

More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources
Close

More Resources

Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as made version that was used for the print copy
  • correction slips

Click 'View More' or select 'More Resources' tab for additional information including:

  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • links to related legislation and further information resources