1.—(1) These Regulations may be cited as the Occupational Pension Schemes (Employer Debt) Regulations (Northern Ireland) 2005 and shall come into operation on 6th April 2005.
(2) These Regulations shall not apply to–
[F1(a)any employer in relation to any debt which has arisen under Article 75(1) (deficiencies in the assets) to the trustees or managers of the scheme before that date;]
(b)any scheme which immediately before that date was regarded by virtue of regulation 2 of the Winding Up Regulations as having begun to be wound up before that date for the purposes of those Regulations, or
(c)any scheme which according to the rules in Article 121(4) to (8)(1) (interpretation of Part II) began to wind up before that date.
Textual Amendments
F1Reg. 1(2)(a) substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 3 (with reg. 2(3)-(8))
Commencement Information
2.—(1) In these Regulations –
“the 2005 Order” means the Pensions (Northern Ireland) Order 2005(2);
[F2“actuarial valuation” has the same meaning as in Part IV of the 2005 Order;]
“the actuary” means the actuary appointed for the scheme in pursuance of Article 47(1)(b) (professional advisers) or, in the case of a scheme to which that provision does not apply by virtue of regulations made under Article 47(5), an actuary otherwise authorised by the trustees or managers to provide such valuations or certifications as may be required under these Regulations;
[F3“amount A” means the amount calculated in accordance with paragraph 4 of Schedule 1A;
“amount B” means the amount calculated in accordance with either sub-paragraph (2) or (3) of paragraph 5 of Schedule 1A;]
“the applicable time” means the time as at which the value of the assets of a scheme and the amount of its liabilities are to be determined, calculated and verified for the purposes of Article 75;
[F4“approved withdrawal arrangement” means an arrangement that meets the funding test and is approved by the Authority under regulation 7;
“approved withdrawal arrangement share” means an amount that is—
a cessation employer’s share of the difference;
less than amount A, and
payable by a cessation employer pursuant to an approved withdrawal arrangement;
“assessment period” has the meaning given in Article 116 of the 2005 Order;]
F5...
[F6“cessation employer” means an employer in relation to the scheme in respect of whom an employment-cessation event has occurred;
“cessation expenses” are all expenses which, in the opinion of the trustees or managers of a scheme, are likely to be incurred by the scheme in connection with an employment-cessation event occurring to an employer in relation to the scheme;
“the corresponding assets” means the assets transferred in connection with the transfer from the scheme in respect of any relevant transfer liabilities;]
“the Deficiency on Winding Up Regulations” means the Occupational Pension Schemes (Deficiency on Winding Up, etc.) Regulations (Northern Ireland) 1996(3);
[F7“defined benefits”, in relation to a member of an occupational pension scheme, means benefits which are not money purchase benefits (but the rate or amount of which is calculated by reference to earnings or service of the member or any other factor other than an amount available for their provision);]
[F8“defined contribution employer” means an employer to whom all the liabilities attributable in relation to a scheme are liabilities in respect of money purchase benefits or in respect of supplementary benefits provided on an ancillary basis in the form of payments on death;
“departing employer” means—
a cessation employer, or
an employer in respect of whom an insolvency event has occurred;]
“employer” has the same meaning as in Article 75 (but see paragraph (2) and regulations [F96,] 9 and 13);
[F10“employment-cessation event” has the meaning given in regulation 6ZA;]
[F11“flexible apportionment arrangement” means an arrangement that takes effect in accordance with regulation 6E;]
[F12“frozen scheme” means a scheme which has ceased to have active members;
“the guarantee time” means the earliest time when an event specified in paragraph 3 of Schedule 1A occurs;
“guarantors” means such one or more of the parties to a withdrawal arrangement or an approved withdrawal arrangement as are specified in the arrangement as the persons who have given guarantees in relation to amount B for the purposes of the arrangement;
“liability proportion” means [F13K divided by L] where—
“K” equals the amount of a scheme’s liabilities attributable to an employer in accordance with regulation 6(4), and
“L” equals the total amount of the scheme’s liabilities attributable to employment with the employers;
“liability share” means an amount equal to the liability proportion [F14multiplied by the total] difference between the value of the assets and the amount of the liabilities of the scheme;]
“the MFR Regulations” means the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations (Northern Ireland) 1996(4);
“money purchase scheme” means an occupational pension scheme under which all the benefits that may be provided other than death benefits are money purchase benefits;
[F15“multi-employer scheme” means a scheme (or a section of a scheme treated pursuant to regulation 8 as a separate scheme) in relation to which there is more than one employer;]
[F16“protected liabilities” has the same meaning as for the purposes of a valuation under Article 162 of the 2005 Order (valuations to determine scheme underfunding);
“recovery plan” means a recovery plan that complies with the requirements in Article 205 of the 2005 Order and the Scheme Funding Regulations;
“regulated apportionment arrangement” is an arrangement under the scheme rules that—
provides for the amount that would have been the employer’s liability share to be changed;
where the employer’s liability share is reduced, apportions all or part of the amount that would have been the employer’s liability share to one or more of the remaining employers;
may provide for when the amount apportioned is to be paid;
is entered into before, on or after the applicable time;
sets out the amount of an employer’s regulated apportionment arrangement share, and
meets the conditions in regulation 7A;
“regulated apportionment arrangement share” means the amount under a regulated apportionment arrangement that is an employer’s share of the difference;
“relevant accounts” means the audited accounts for the scheme that comply with the requirements imposed under Article 41 (provision of documents for members);
“the relevant transfer deduction” means the amount of the relevant transfer liabilities less the value of the corresponding assets;
“the relevant transfer liabilities” means the liabilities attributable to a departing employer that are transferred after the applicable time to an occupational or personal pension scheme or are otherwise secured;
“schedule of contributions” means the most recent schedule of contributions that is adopted in relation to the scheme for the purposes of Part IV of the 2005 Order;
“scheme apportionment arrangement” means an arrangement under the scheme rules that—
provides for the employer to pay a scheme apportionment arrangement share instead of the employer’s liability share;
where that amount is less than the employer’s liability share, apportions all or part of the amount that would have been the employer’s liability share to one or more of the remaining employers;
may provide for when the amount apportioned is to be paid;
is entered into before, on or after the applicable time;
sets out the amount of an employer’s scheme apportionment arrangement share;
[F17each of the following persons consents to—
the trustees or managers, and either
where the circumstances referred to in paragraph (b) apply, any remaining employer to whom all or part of the amount that would have been the employer’s liability share is being apportioned, or
where the circumstances referred to in paragraph (b) do not apply, the employer, and]
meets the funding test;
“scheme apportionment arrangement share” means the amount under a scheme apportionment arrangement that is an employer’s share of the difference;
“scheme’s apportionment rule” means a scheme rule which makes provision for the difference between the value of a scheme’s assets and the amount of its liabilities to be apportioned among the employers in different proportions from those which would otherwise arise;
“the Scheme Funding Regulations” means the Occupational Pension Schemes (Scheme Funding) Regulations (Northern Ireland) 2005;
“share of the difference” means the amount calculated as at the applicable time that is an employer’s share of the total difference between the value of the assets and the amount of the liabilities of a scheme;
F18... ]
“the tax condition”, in relation to a scheme, means –
that the scheme has been approved by the Commissioners of Inland Revenue for the purposes of section 590 (conditions for approval of retirement benefit schemes) or 591 (discretionary approval) of the Taxes Act 1988 at any time before 6th April 2006, or
that the scheme is registered under section 153 of the Finance Act 2004(5) (registration of pension schemes);
[F19“technical provisions” has the meaning given by Article 201(2) of the 2005 Order (the statutory funding objective);]
“updated asset assessment” means an update (whether or not audited) of the value of the assets of the scheme identified in the most recent relevant accounts received by the trustees or managers which—
is prepared by the trustees or managers, and
estimates where they consider appropriate any alteration in the value of the assets of the scheme between the date by reference to which those accounts are prepared and the applicable time;]
[F22“updated liabilities assessment” means the actuary’s assessment of any changes in the liabilities of the scheme in respect of pensions and other benefits between—
the effective date of the actuary’s estimate of the solvency of the scheme (as defined in regulation 7(6) of the Scheme Funding Regulations) included in the most recent actuarial valuation of the scheme received by the trustees or managers—
under Article 203 of the 2005 Order, or
where the trustees or managers have not received an actuarial valuation under that Article, which the actuary thinks it is appropriate to use, and
the applicable time;]
“the Winding Up Regulations” means the Occupational Pension Schemes (Winding Up) Regulations (Northern Ireland) 1996(6).
[F23“withdrawal arrangement” means an arrangement that meets the conditions specified in paragraph 1 of Schedule 1A and meets the funding test;
“withdrawal arrangement share” means an amount that is—
a cessation employer’s share of the difference;
equal to or, where the employer agrees, greater than amount A, and
payable by a cessation employer pursuant to a withdrawal arrangement.]
(2) In these Regulations “scheme” must be read in appropriate cases in accordance with the modifications of Article 75 made by regulation 8, 14 or 15, as the case may be; and “employer” and “member” must be read accordingly.
[F24(3) In these Regulations references to FRC standards are to actuarial standards on winding up and scheme asset deficiency adopted or prepared, and from time to time revised, by the Financial Reporting Council Limited.]
[F25(3A) For the purposes of a restructuring within regulation 6ZB or 6ZC—
“exiting employer” means an employer—
in relation to a multi-employer scheme;
who employs at least one active member of the scheme in respect of whom defined benefits are accruing, and
in respect of whom a relevant event has not occurred, and
“receiving employer” means an employer who, on the date on which there is a restructuring within regulation 6ZB or 6ZC, is—
an employer in relation to the same multi-employer scheme as the exiting employer;
either—
associated (within the meaning in Article 4 of the Insolvency (Northern Ireland) Order 1989) with the exiting employer, or
the new legal status of the exiting employer;
employing at least one active member of the scheme in respect of whom defined benefits are accruing, and
an employer in respect of whom a relevant event has not occurred.]
F26(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
[F27(4A) For the purposes of regulations 6B, 6C [F28, 6E] and 7, an arrangement relating to a scheme meets the funding test where the trustees or managers are reasonably satisfied that—
(a)when the arrangement takes effect, the remaining employers will be reasonably likely to be able to fund the scheme so that after the applicable time [F29(or, in the case of a flexible apportionment arrangement, after the time that arrangement takes effect)] it will have sufficient and appropriate assets to cover its technical provisions, taking account of any change in those provisions which will in the opinion of the trustees or managers be necessary as a result of the arrangement, and
(b)in the case of a scheme apportionment arrangement under regulation 6B [F30or a flexible apportionment arrangement under regulation 6E], the effect of the arrangement will not be to adversely affect the security of members’ benefits as a result of any—
(i)material change in legal, demographic or economic circumstances, as described in regulation 5(4)(d) of the Scheme Funding Regulations, that would justify a change to the method or assumptions used on the last occasion on which the scheme’s technical provisions were calculated, or
(ii)material revision to any existing recovery plan made in accordance with Article 205 of the 2005 Order.
(4B) For the purposes of paragraph (4A), where at the applicable time [F31(or, in the case of a flexible apportionment arrangement, at the time that arrangement takes effect)] the trustees or managers of the scheme have not received its first actuarial valuation under Part IV of the 2005 Order, that paragraph shall apply as if for that paragraph there were substituted—
“(4A) For the purposes of regulations 6B, 6C [F32, 6E] and 7, an arrangement relating to a scheme meets the funding test where the trustees or managers are reasonably satisfied that, after taking account of the financial resources of the remaining employers, the arrangement is unlikely to adversely affect the security of the members’ benefits under the scheme.”.
(4C) The trustees or managers may consider that the test in paragraph (4A)(a) is met if in their opinion the remaining employers are able to meet the relevant payments as they fall due under the schedule of contributions for the purposes of Article 206 of the 2005 Order, taking into account any revision of that schedule that they think will be necessary when the arrangement takes effect.
(4D) In paragraphs (4A) and (4C), references to remaining employers may in relevant circumstances be read as referring only to the employer or employers to whom all or part of the liability share is apportioned under the scheme rules.]
(5) In these Regulations any reference to a numbered Article is a reference to the Article of the Pensions (Northern Ireland) Order 1995 bearing that number.
[F33(6) For the purposes of these Regulations and notwithstanding section 39(2) of the Interpretation Act (Northern Ireland) 1954, where a period of time is expressed to begin on, or to be reckoned from, a particular day, that day shall be included in the period.]
[F34(7) Notwithstanding section 24(1) of the Interpretation Act (Northern Ireland) 1954, any document under regulations 6ZA to 6ZD may be sent by ordinary post.]
Textual Amendments
F2Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(a) (with reg. 2(3)-(8))
F3Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(b) (with reg. 2(3)-(8))
F4Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(c) (with reg. 2(3)-(8))
F5Words in reg. 2(1) omitted (9.8.2012) by virtue of The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012 (S.R. 2012/294), reg. 1(1), Sch. para. 10(a)(i)
F6Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(d) (with reg. 2(3)-(8))
F7Words in reg. 2(1) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(i)
F8Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(e) (with reg. 2(3)-(8))
F9Word in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(f) (with reg. 2(3)-(8))
F10Words in reg. 2(1) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(ii)
F11Words in reg. 2(1) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(a)(i)
F12Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(h) (with reg. 2(3)-(8))
F13Words in reg. 2(1) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(a)(ii)
F14Words in reg. 2(1) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(a)(iii)
F15Words in reg. 2(1) substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(i) (with reg. 2(3)-(8))
F16Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(j) (with reg. 2(3)-(8))
F17Words in reg. 2(1) substituted (18.4.2008) by The Occupational Pension Schemes (Employer Debt: Apportionment Arrangements) (Amendment) Regulations (Northern Ireland) 2008 (S.R. 2008/178), regs. 1, 2(2)
F18Words in reg. 2(1) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(iii)
F19Words in reg. 2(1) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(iv)
F20Words in reg. 2(1) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(v)
F21Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(k) (with reg. 2(3)-(8))
F22Words in reg. 2(1) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(vi)
F23Words in reg. 2(1) substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(l) (with reg. 2(3)-(8))
F24Reg. 2(3) substituted (9.8.2012) by The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012 (S.R. 2012/294), reg. 1(1), Sch. para. 10(a)(ii)
F25Reg. 2(3A) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(b)
F26Reg. 2(4) omitted (6.4.2008) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(4) (with reg. 2(3)-(8))
F27Reg. 2(4A)-(4D) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(4) (with reg. 2(3)-(8))
F28Word in reg. 2(4A) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(b)(i)
F29Words in reg. 2(4A)(a) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(b)(ii)
F30Words in reg. 2(4A)(b) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(b)(iii)
F31Words in reg. 2(4B) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(c)(i)
F32Word in reg. 2(4B) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(c)(ii)
F33Reg. 2(6) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(5) (with reg. 2(3)-(8))
F34Reg. 2(7) added (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(c)
Commencement Information
3. The Deficiency on Winding Up Regulations shall not apply in any case where these Regulations apply (and accordingly they shall only apply to a scheme as respects which regulation 1(2)(a), (b) or (c) applies).
4.—(1) Article 75 shall not apply to any scheme which is –
(a)a public service pension scheme under the provisions of which there is no requirement for assets related to the intended rate or amount of benefit under the scheme to be set aside in advance (disregarding requirements relating to voluntary contributions);
(b)a scheme which is made under Article 9 of the Superannuation (Northern Ireland) Order 1972(7) (superannuation of persons employed in local government service, etc.) and provides pensions to persons mentioned in paragraph (1)(a) of that Article;
(c)a scheme which is established under section 48 of the Northern Ireland Act 1998(8) (pensions of members), or which was established under Part II of the Ministerial Salaries and Member’s Pensions Act (Northern Ireland) 1965(9) or Article 3 of the Assembly Pensions (Northern Ireland) Order 1976(10);
(d)a scheme in respect of which a relevant public authority, as defined in Article 280(4) of the 2005 Order, has given a guarantee or made any other arrangements for the purposes of securing that the assets of the scheme are sufficient to meet its liabilities;
(e)a scheme which does not meet the tax condition;
(f)a scheme which –
(i)has been categorised by the Commissioners of Inland Revenue for the purposes of its approval as a centralised scheme for non-associated employers;
(ii)which is not contracted-out, and
(iii)under the provisions of which the only benefits that may be provided on or after retirement (other than money purchase benefits derived from the payment of voluntary contributions by any person) are lump sum benefits which are not calculated by reference to a member’s salary;
[F35(g)a scheme—
(i)which has such a superannuation fund as is mentioned in section 615(6) of the Taxes Act 1988 (exemption from tax in respect of certain pensions), and
(ii)in relation to which the trustees or managers are not—
(aa)authorised under Article 264 of the 2005 Order (general authorisation to accept contributions from European employer), or
(bb)approved under Article 265 of that Order (approval in relation to particular European employer) in relation to a European employer;]
(h)a scheme with fewer than 2 members;
(i)a scheme with fewer than 12 members where all the members are trustees of the scheme and either –
(i)the rules of the scheme provide that all decisions are made only by the trustees who are members of the scheme by unanimous agreement, or
(ii)the scheme has a trustee who is independent in relation to the scheme for the purposes of Article 23(11) (power to appoint independent trustees) (see Article 23(3)) and is registered in the register maintained by the Authority in accordance with regulations made under Article 23(4);
(j)a scheme with fewer than 12 members where all the members are directors of a company which is the sole trustee of the scheme and either –
(i)the rules of the scheme provide that all decisions are made only by the members of the scheme by unanimous agreement, or
(ii)one of the directors of the company is independent in relation to the scheme for the purposes of Article 23 and is registered in the register maintained by the Authority in accordance with regulations made under Article 23(4), F36...
F36(k). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) Before 6th April 2006 –
(a)paragraph (1)(e) shall apply with the addition at the end of the words “and is not a relevant statutory scheme providing relevant benefits”, and
(b)for the purposes of that paragraph “relevant statutory scheme” and “relevant benefits” have the same meaning as in Chapter I of Part XIV of the Taxes Act 1988 (see sections 611A(12) and 612(1) of that Act).
Textual Amendments
F35Reg. 4(1)(g) substituted (30.3.2006) by The Occupational Pension Schemes (Republic of Ireland Schemes Exemption (Revocation) and Tax Exempt Schemes (Miscellaneous Amendments)) Regulations (Northern Ireland) 2006 (S.R. 2006/65), regs. 1(2), 6
F36Reg. 4(1)(k) and word omitted (2.9.2005) by virtue of The Occupational Pension Schemes (Employer Debt, etc.) (Amendment) Regulations (Northern Ireland) 2005 (S.R. 2005/387), regs. 1(1), 2(3)
Commencement Information
Article 121(4) to (8) was inserted by section 45(2) of the Child Support, Pensions and Social Security Act (Northern Ireland) 2000 (c. 4 (N.I.))
S.R. 1996 No. 585, amended by S.R. 1997 Nos. 160 and 544, S.R. 1999 No. 486, S.R. 2002 No. 64, S.R. 2004 No. 60 and S.R. 2005 No. 20
S.R. 1996 No. 570; relevant amending Regulations are S.R. 1996 No. 584, S.R. 1997 No. 160, S.R. 2000 No. 335 and S.R. 2002 No. 64
S.R. 1996 No. 621, to which there are amendments not relevant to these Regulations
Article 23 is substituted by Article 32(3) of the Pensions (Northern Ireland) Order 2005
Section 611A was inserted by paragraph 15 of Schedule 6 to the Finance Act 1989 (c. 26)