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Pension Schemes (Northern Ireland) Act 1993

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Changes over time for: Section 59

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Version Superseded: 24/03/1999

Status:

Point in time view as at 06/04/1997. This version of this provision has been superseded. Help about Status

Changes to legislation:

Pension Schemes (Northern Ireland) Act 1993, Section 59 is up to date with all changes known to be in force on or before 13 December 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

59 Further provisions concerning calculations relating to premiums.N.I.

(1)The following amounts shall be certified by the Department—

F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)the amount of the difference mentioned in [F2section 54(4)] of that section,

F3(c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d)the amount mentioned in section 57(2).

F4(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)If the Department—

F5(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b)is satisfied that records of earnings relevant for determining the amount mentioned in [F6section 54(4)] have not been maintained or retained or are otherwise unobtainable,

then the Department may for that purpose—

(i)compute, in such manner as it thinks fit, an amount which shall be regarded as the amount of those earnings; or

(ii)take their amount to be such sum as it may specify in the particular case,

F7. . ..

F8(4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)For the purposes of subsection (1) the Department may make such adjustments as it thinks necessary for avoiding fractional amounts.

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