Northern Ireland Statutory Rule SI 1997/40 United Kingdom

The Occupational Pension Schemes (Requirement to obtain Audited Accounts and a Statement from the Auditor) Regulations (Northern Ireland) 1997

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Prosecution 1 of 2 obligations carry an unlimited fine. 1 has no criminal penalty — flagged in the list below.

Does it bind you?

Business-side roles with duties under this instrument.

Any Person1 Employer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts
Employer — also bound by 682 other Acts
TULRCA 1992 72 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.002 Requirement of trustees or managers to obtain documents Prosecution
  • Fail to obtain pension scheme audited accounts and statementAny Person

Unlimited fine

s.004 Form and content of the auditor’s statement Regulated
  • Get an auditor's statement on pension contributionsEmployer
10 other provisions — procedural and definitional
sch. para. 6 In respect of every amount shown in the accounts other...
sch. para. 8 A statement whether the accounts have been prepared in accordance...
s.001 Citation, commencement and interpretation
s.001 An account of the financial additions to, withdrawals from and... (opens in a new tab)
s.002 (1) A statement, as at the end of the scheme... (opens in a new tab)
s.003 Form and content of the accounts audited by the auditor
s.003 Where any assets or liabilities are denominated in currencies other... (opens in a new tab)
s.004 Particulars of any investment (other than in United Kingdom Government... (opens in a new tab)
s.005 Particulars of any employer-related investments, within the meaning of Article... (opens in a new tab)
s.007 The total amount of the purchases and the total amount... (opens in a new tab)

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.