UK Statutory Instrument
1996
United Kingdom
The Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1996
At a glance
What's here
2 compliance obligations
Who this Act binds
Business-side actors with duties under this Act, ranked by how often they appear.
- Trustee 1
- Employer 1
Other Acts binding the same actors
For each actor bound by this Act, the other UK Acts that bind them most often. Useful for understanding the full compliance landscape facing each role.
Trustees also bound by 100 other Acts (top 5 shown)
- The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 2022 37 duties
- Charities Act 2011 2011 26 duties
- The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 2013 26 duties
- Insolvency (England and Wales) Rules 2016 2016 21 duties
- The Pensions (Northern Ireland) Order 2005 2005 20 duties
Employers also bound by 694 other Acts (top 5 shown)
- The Income Tax (Pay As You Earn) Regulations 2003 2003 236 duties
- Provision and Use of Work Equipment Regulations 1998 1998 120 duties
- TULRCA 1992 1992 72 duties
- Employment Rights (Northern Ireland) Order 1996 (current NI employment law) 1996 52 duties
- Income Tax (Earnings and Pensions) Act 2003 2003 50 duties
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Schedules
Browse 6 other Schedules — structural / supplementary
ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996
Schemes covering United Kingdom and foreign employment
(1) This paragraph applies in any case where a scheme...
Schemes with partial government guarantee
Schemes providing salary-related death benefits
Calculation of the value of scheme liabilities and assets
- Appoint actuary to calculate pension scheme liabilities and assets Trustee
Multi-employer schemes
- Pay your share of pension scheme debt when winding up Employer
Browse 30 other sections — procedural / definitional / commencement
Citation and commencement
Interpretation
Valuation of liabilities where employer not insolvent and where winding up commences before 11th June 2003
Valuation of liabilities where employer not insolvent and where winding up commences on or after 11th June 2003
Valuation of liabilities where winding up commences, and date of calculation falls, on or after 15 February 2005
Former employers
Ceasing to participate: transitional provision
Money purchase schemes: deficiency owing to fraud etc.
Multi-employer money purchase schemes
Former employers of money purchase schemes
Disapplication of section 75
Minor modifications
Modification of schemes: apportionment of section 75 debts
Revocations and savings
ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996
Date as at which valuation is made......................
ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996
The value of the assets of the scheme was..........................................................................
The amount of the liabilities was.........................................................................................
The amount of the difference was
ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996
Signature........................................................................................................
Date..............................................................................................................
Name.............................................................................................................
Qualification....................................................................................................
Address..........................................................................................................
Name of employer.............................................................................................
(if applicable
Note:
The valuation of the amount of the liabilities of the...
Explore more
Browse legislation
Find other UK business legislation with related guidance.