Search Legislation

The Pension Protection Fund (Closed Schemes) Regulations (Northern Ireland) 2007

What Version

 Help about 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This is the original version (as it was originally made).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.

  1. Introductory Text

  2. 1.Citation, commencement and interpretation

  3. 2.Applications and determination notices under Article 137

  4. 3.Obtaining of actuarial valuations of closed schemes

  5. 4.Valuation of the assets and liabilities of closed schemes

  6. 5.Prescribed qualifications for the purposes of Article 140

  7. 6.Applications and notifications where closed schemes have insufficient assets

  8. 7.Transitional provision for schemes with an assessment date before 1st April 2007

  9. Signature

    1. SCHEDULE

      VALUATION OF THE ASSETS, THE FULL SCHEME LIABILITIES AND THE PROTECTED LIABILITIES IN RELATION TO A CLOSED SCHEME

      1. PART 1

        1. 1.In this Schedule— “Article 75 debt” means so much of...

        2. 2.There shall be excluded from the value of the closed...

        3. 3.Subject to paragraph 6(3) and (4), where the Regulator issues...

        4. 4.Subject to paragraphs 2 and 6, in determining the value...

        5. 5.(1) Subject to paragraph 6, in the case of protected...

        6. 6.(1) For the purposes of an Article 140 valuation, where...

        7. 7.An Article 140 valuation shall be verified by the Board...

      2. PART 2 Contents of Accounts Audited by the Auditor of the Scheme

        1. 1.An account of the financial additions to, withdrawals from, and...

        2. 2.(1) A statement, as at the end of the accounting...

        3. 3.Where any assets or liabilities are denominated in currencies other...

        4. 4.Particulars of any investment (other than in UK Government securities)...

        5. 5.Where the scheme has employer-related investments, within the meaning of...

        6. 6.In respect of every other amount shown in the accounts...

        7. 7.The total amount of the purchases and the total amount...

        8. 8.A statement whether the accounts have been prepared in accordance...

  10. Explanatory Note

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