Northern Ireland Statutory Rule SI 2007/186 United Kingdom

The Pension Protection Fund (Closed Schemes) Regulations (Northern Ireland) 2007

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trustee2

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 120 other Acts
Charities Act 2011 27 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.003 Obtaining of actuarial valuations of closed schemes Regulated
  • Obtain actuarial valuations for closed schemes on timeTrustee
s.006 Applications and notifications where closed schemes have insufficient assets Regulated
  • Apply to Pension Protection Fund Board within 6 months if closed scheme is underfundedTrustee
13 other provisions — procedural and definitional
s.001 Citation, commencement and interpretation
s.001 In this Schedule— “Article 75 debt” means so much of... (opens in a new tab)
s.002 Applications and determination notices under Article 137
s.002 There shall be excluded from the value of the closed... (opens in a new tab)
s.003 Subject to paragraph 6(3) and (4), where the Regulator issues... (opens in a new tab)
s.004 Valuation of the assets and liabilities of closed schemes
s.004 Subject to paragraphs 2 and 6, in determining the value... (opens in a new tab)
s.005 Prescribed qualifications for the purposes of Article 140
s.005 (1) Subject to paragraph 6, in the case of protected... (opens in a new tab)
s.006 (1) For the purposes of an Article 140 valuation, where... (opens in a new tab)
s.007 Transitional provision for schemes with an assessment date before 1st April 2007
s.007 An Article 140 valuation shall be verified by the Board... (opens in a new tab)
s.008 A statement whether the accounts have been prepared in accordance... (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.