The Occupational Pension Schemes (Employer Debt) Regulations (Northern Ireland) 2005 No. 168

1. Introductory Text

2. Preliminary

   1. 1. Citation, commencement and application

   2. 2. Interpretation

   3. 3. Disapplication of the Deficiency on Winding Up Regulations

   4. 4. Schemes to which Article 75 does not apply

3. Valuations

   1. 5. Calculation of the amount of scheme liabilities and value of scheme assets

4. Multi-employer schemes

   1. 6. Multi-employer schemes: general

   2. 6ZA. Employment-cessation events: general

   3. 6ZB. Employment-cessation events: exemptions

   4. 6ZC. (1) There is a restructuring within this regulation if each...

   5. 6ZD. (1) The trustees or managers may decide that any costs...

   6. 6A. Employment-cessation events: periods of grace

   7. 6B. Scheme apportionment arrangements

   8. 6C. Withdrawal arrangements

   9. 6D. Notifiable events

   10. 6E. Flexible apportionment arrangements

   11. 7. Approved withdrawal arrangements

   12. 7A. Regulated apportionment arrangements

   13. 7B. Calculation of amounts due from guarantors by virtue of regulation 7

   14. 8. Single employer sections, multi-employer sections, etc.

5. Former employers

   1. 9. Frozen schemes and former employers

6. Money purchase schemes

   1. 10. Money purchase schemes: fraud and levy deficiencies etc.

   2. 11. Money purchase schemes: valuations etc.

   3. 12. Multi-employer money purchase schemes

   4. 13. Money purchase schemes: former employers

7. Other schemes treated as more than one scheme

   1. 14. Schemes covering United Kingdom and foreign employment

   2. 15. Schemes with partial government guarantee

8. Supplementary

   1. 16. Modification of schemes: apportionment of Article 75 debts

   2. 17. Disregard of staying of voluntary winding up of employer for purposes of Article 75

   3. 18. Consequential amendments

9. Signature

10. 1. SCHEDULE 1

       Actuary’s Certificate of Total difference between Scheme Assets and Liabilities [and Liability share debt of Employer in a Multi-Employer Scheme] [delete as appropriate]

    2. SCHEDULE 1A

       Withdrawal Arrangements and Approved Withdrawal Arrangements

       1. 1. Conditions for withdrawal arrangements and approved withdrawal arrangements

       2. 2. Actuarial certificates

       3. 3. Events for payment of amount B

       4. 4. Calculation of amount A

       5. 5. Calculation of amount B

       6. 6. Approval of withdrawal arrangements in advance

       7. 7. Replacement withdrawal arrangements

    3. SCHEDULE 1B

       Notifiable Events

       1. 1. (1) Where a withdrawal arrangement or an approved withdrawal arrangement...

       2. 2. (1) The trustees or managers of a scheme must give...

       3. 3. (1) No duty to which a person is subject under...

    4. SCHEDULE 1C

       Actuary’s Certificate for Withdrawal Arrangement Share or Approved Withdrawal Arrangement Share in Multi-Employer Scheme

    5. SCHEDULE 1D

       Actuary’s Certificate for Amount B under a Withdrawal Arrangement or an Approved Withdrawal Arrangement in a Multi-Employer Scheme

    6. SCHEDULE 2

       Consequential Amendments

       1. 1. The MFR Regulations

       2. 2. The Occupational Pension Schemes (Investment) Regulations

       3. 3. The Winding Up Regulations

11. Explanatory Note