The Occupational Pension Schemes (Member-nominated Trustees and Directors) Regulations (Northern Ireland) 1996

Approval by ballot

9.—(1) This paragraph applies if—

(a)the notice specifies that the direct ballot procedure is to be used, or

(b)at least the number of objections mentioned in paragraph 8(2)(b) is received within the objection period.

(2) Where this paragraph applies—

(a)the appropriate rules or, as the case may be, the alternative arrangements must be approved by a ballot of the eligible members by a majority of those voting, and

(b)the proposer must give the appropriate person notice of the result of the ballot as soon as it is determined by the proposer.

(3) In sub-paragraph (2)(b) “appropriate person” means—

(a)if the proposer is the trustees, the employer;

(b)if the proposer is the employer, the trustees.

(4) If approval is given by such a ballot, the appropriate rules or, as the case may be, the alternative arrangements shall be treated as approved on the date notice is given under sub-paragraph (2)(b).