Contents
- 1 Citation and commencement
- 2 Amendment of the Occupational Pension Schemes (Contracting-out) Regulations
- 3 Amendment of the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations
- 4 Amendment of the Occupational Pension Schemes (Deficiency on Winding Up, etc.) Regulations
- 5 Amendment of the Personal and Occupational Pension Schemes (Pensions Ombudsman) Regulations
- 6 Amendment of the Occupational Pension Schemes (Requirement to obtain Audited Accounts and a Statement from the Auditor) Regulations
- 7 Amendment of the Occupational Pension Schemes (Scheme Administration) Regulations
- 8 Amendment of the Occupational Pension Schemes (Disclosure of Information) Regulations
- 9 Amendment of the Occupational Pension Schemes (Independent Trustee) Regulations
- 10 Amendment of the Register of Occupational and Personal Pension Schemes Regulations
- 11 Amendment of the Occupational Pension Schemes (Age-related Payments) Regulations
- 12 Revocations
1Citation and commencement#
These Regulations may be cited as the Personal and Occupational Pension Schemes (Miscellaneous Amendments No. 2) Regulations (Northern Ireland) 1997 and shall come into operation on 12th January 1998.
2Amendment of the Occupational Pension Schemes (Contracting-out) Regulations#
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3Amendment of the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations#
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4Amendment of the Occupational Pension Schemes (Deficiency on Winding Up, etc.) Regulations#
In regulation 2(2) of the Occupational Pension Schemes (Deficiency on Winding Up, etc.) Regulations (Northern Ireland) 1996 (interpretation) before the definition of “the applicable time” there shall be inserted—“• “the actuary” means the actuary appointed for the scheme in pursuance of Article 47(1)(b) or, in the case of a scheme to which that provision does not apply by virtue of regulations made under paragraph (5) of that Article, an actuary otherwise authorised by the trustees or managers to provide such valuations or certifications as may be required under these Regulations;”
5Amendment of the Personal and Occupational Pension Schemes (Pensions Ombudsman) Regulations#
(1)The Personal and Occupational Pension Schemes (Pensions Ombudsman) Regulations (Northern Ireland) 1997 shall be amended in accordance with paragraphs (2) and (3).
(2)After regulation 1 there shall be inserted the following regulation—“1A For the purposes of section 142(7) of the Act (persons who are actual or potential beneficiaries) a person shall be regarded as a member of a scheme if he is, or has been, entitled to the payment of benefits under it.”
(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6Amendment of the Occupational Pension Schemes (Requirement to obtain Audited Accounts and a Statement from the Auditor) Regulations#
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7Amendment of the Occupational Pension Schemes (Scheme Administration) Regulations#
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8Amendment of the Occupational Pension Schemes (Disclosure of Information) Regulations#
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9Amendment of the Occupational Pension Schemes (Independent Trustee) Regulations#
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10Amendment of the Register of Occupational and Personal Pension Schemes Regulations#
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11Amendment of the Occupational Pension Schemes (Age-related Payments) Regulations#
In each of regulations 4 and 7 of the Occupational Pension Schemes (Age-related Payments) Regulations (Northern Ireland) 1997 (age-related payments not to be paid if an earner’s age allows his admission only to a money purchase scheme or a money purchase part)—
(a)for “If” there shall be substituted “—(1) Subject to paragraph (2), if”;
(b)at the end there shall be added the following paragraph—“2 Paragraph (1) shall not apply if—a the rules of the schemes established by the employer allow an earner to be admitted to a scheme contracted out under section 5(2), or the salary related part of a relevant scheme, only when the earner has reached a specified age; andb on his admission to a scheme established by the employer, the earner has not reached that age.”
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