PART 4 N.I. Pension accounts

CHAPTER 3 N.I. Pension accounts: general

Establishment of pension accounts: general N.I.

48.—(1) The Department must establish and maintain one or more pension accounts for each member of this scheme in accordance with this Part.

(2) A pension account—

(a) may be kept in any form the Department considers appropriate; and

(b) must specify the details required by these Regulations.

(3) References in these Regulations to any amount specified in a pension account are references to the amount that is required by these Regulations to be so specified and not, if different, the amount actually so specified.