UK Statutory Instrument SI 2005/706 United Kingdom

The Occupational Pension Schemes (Winding up etc.) Regulations 2005

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trustee3

Other Acts binding the same actors

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Trustee — also bound by 104 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.

Part 1

2 of 12 sections shown
s.006 Adjustments to discretionary awards Regulated
  • Adjust discretionary awards during pension scheme wind-upTrustee
s.007 Adjustments to survivors' benefits Regulated
  • Adjust survivors' benefits and give written notice during winding upTrustee
10 other sections in this Part — procedural and definitional
s.003 Schemes to which section 73 of the 1995 Act does not apply
s.004 Corresponding
s.005 Early leaver's rights: deemed election for contribution refund
s.008 Entitlement to death benefits treated as arising before commencement of winding up period
s.009 Calculation of the value or amount of scheme assets and liabilities
s.010 Discharge of liabilities during assessment period
s.011 Requirements to be met where liabilities discharged on winding up
s.012 Commencement of winding up
s.013 Multi-employer sectionalised schemes, schemes with partial government guarantee and partly foreign schemes
s.014 Consequential amendments
Part 2

0 of 1 section shown
1 other section in this Part — procedural and definitional
s.015 Amendments of the Occupational Pension Schemes (Transfer Values) Regulations 1996
Part 3

1 of 3 sections shown
s.017 Amendments of the Pension Sharing (Implementation and Discharge of Liability) Regulations 2000 Regulated
  • Reduce pension credits if the scheme is underfundedTrustee
2 other sections in this Part — procedural and definitional
s.016 Amendments of the Pension Sharing (Valuation) Regulations 2000
s.018 Amendments of the Pension Sharing (Pension Credit Benefit) Regulations 2000
14 other provisions
s.001 Citation, commencement and application
s.001 In regulation 2 for paragraph (1) substitute— (opens in a new tab)
s.002 Interpretation
s.002 In regulation 3 (modifications of s.73(3) etc.)— (opens in a new tab)
s.003 In regulation 5 (modification of schemes to fix time for... (opens in a new tab)
s.004 In regulation 7 (requirements applicable to notices of discharge under... (opens in a new tab)
s.005 In regulation 11(1)(b) (records and information), as it applies to... (opens in a new tab)
s.006 For paragraph (1) of regulation 12 (winding up of sectionalised... (opens in a new tab)
s.007 After regulation 12 insert— Schemes with partial government guarantee (1) This regulation applies if a relevant public authority has—... (opens in a new tab)
s.008 (1) The Occupational Pension Schemes (Contracting-out) Regulations 1996 are amended... (opens in a new tab)
s.009 (1) The Occupational Pension Schemes (Minimum Funding Requirement and Actuarial... (opens in a new tab)
s.010 In regulation 5(15) of the Occupational Pension Schemes (Disclosure of... (opens in a new tab)
s.011 In regulation 15(3) of the Occupational Pension Schemes (Payments to... (opens in a new tab)
s.012 In regulation 2(3) of the Occupational Pension Schemes (Assignment, Forfeiture,... (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.