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The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2024

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Changes over time for: Section 12

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There are outstanding changes not yet made by the legislation.gov.uk editorial team to The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2024. Any changes that have already been made by the team appear in the content and are referenced with annotations. Help about Changes to Legislation

Financial sustainability requirementN.I.

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12.—(1) Part 2 of Schedule 3 sets out the matters that the Regulator must take into account in deciding, for the purposes of section 65 of the 2021 Act (financial sustainability requirement), whether it is satisfied that a collective money purchase scheme is financially sustainable.

(2) Part 3 of Schedule 3 sets out for the purposes of section 65(4)(b) of the 2021 Act the requirements to be met by a collective money purchase scheme in relation to its financing.

Commencement Information

I1Reg. 12 in operation at 26.1.2024, see reg. 1

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