1999 No. 106

PENSIONS

The Occupational and Personal Pension Schemes (Levy) (Amendment) Regulations (Northern Ireland) 1999

Made

Coming into operation

The Department of Health and Social Services for Northern Ireland, in exercise of the powers conferred on it by sections 170(1) and (2) and 177(2) to (4) of the Pension Schemes (Northern Ireland) Act 19931 and of all other powers enabling it in that behalf, hereby makes the following Regulations:

Citation, commencement and interpretation1

1

These Regulations may be cited as the Occupational and Personal Pension Schemes (Levy) (Amendment) Regulations (Northern Ireland) 1999 and shall come into operation on 1st April 1999.

2

The Interpretation Act (Northern Ireland) 19542 shall apply to these Regulations as it applies to a Measure of the Assembly.

Amendment of the Levy Regulations2

1

The Occupational and Personal Pension Schemes (Levy) Regulations (Northern Ireland) 19973 shall be amended in accordance with paragraph (2).

2

In Part I of the Schedule4 (amount of general levy)—

a

in sub-paragraph (a) for “£10.00” there shall be substituted “£11.00”;

b

in sub-paragraph (b) for “£1.10” there shall be substituted “£1.20”;

c

in sub-paragraph (c)(i) for “80p” there shall be substituted “85p”;

d

in sub-paragraph (c)(ii) for “£110” there shall be substituted “£120”;

e

in sub-paragraph (d)(i) for “65p” there shall be substituted “69p”;

f

in sub-paragraph (d)(ii) for “£800” there shall be substituted “£850”;

g

in sub-paragraph (e)(i) for “50p” there shall be substituted “53p”;

h

in sub-paragraph (e)(ii) for “£3,250” there shall be substituted “£3,450”;

i

in sub-paragraph (f)(i) for “35p” there shall be substituted “37p”;

j

in sub-paragraph (f)(ii) for “£5,000” there shall be substituted “£5,300”.

Sealed with the Official Seal of the Department of Health and Social Services for Northern Ireland on

John O'NeillAssistant Secretary

(This note is not part of the Regulations.)

These Regulations further amend the Occupational and Personal Pension Schemes (Levy) Regulations (Northern Ireland) 1997 to specify increased rates in relation to the general levy payable in the case of certain occupational pension schemes.