Northern Ireland Statutory Rule SI 2006/161 United Kingdom

The Occupational Pension Schemes (Payments to Employer) Regulations (Northern Ireland) 2006

Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trustee4

Other Acts binding the same actors

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

Trustee — also bound by 104 other Acts

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.005 Schemes that are subject to Part IV of the 2005 Order - valuation of assets and liabilities Regulated
  • Value pension scheme assets and liabilities correctly for surplus paymentsTrustee
s.010 Notification to members Regulated
  • Notify pension scheme members before making a surplus payment to the employerTrustee
s.015 Notice of proposal to distribute excess assets to the employer Regulated
  • Send two-part notice to members before distributing pension surplus to employerTrustee
s.017 Additional requirement for purposes of Article 76 Regulated
  • Obtain regulator confirmation before distributing excess pension assets to employerTrustee
15 other provisions — procedural and definitional
s.001 Citation and commencement
s.002 Interpretation
s.003 Schemes not in wind up
s.004 Schemes that are subject to Part IV of the
s.006 Prescribed persons for the purposes of Article 37(3)(a)
s.007 Schemes that are subject to Part IV of the 2005 Order – valuation certificate and amount of payment to employer
s.008 Earmarked schemes
s.009 Period for which a valuation certificate is to remain in force
s.011 Notification to
s.012 Exemptions
s.013 Transitional
s.014 Modifications in relation to earmarked schemes
s.016 Circumstances in which the Regulator must be satisfied that the requirements of Article 76 are met
s.018 Schemes with more than one employer
s.019 Revocations

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