The Occupational Pension Schemes (Scheme Administration) Regulations 1996

1. Introductory Text

2. PART I INTRODUCTION

   1. 1. Citation, commencement and interpretation

3. PART II ADVISERS

   1. 2. Appointment of professional advisers by trustees or managers

   2. 3. Exemptions from the professional advisers requirements

   3. 4. Qualifications and experience or approval required for appointment as the auditor or actuary

   4. 5. Manner and terms of appointment and removal of professional advisers

   5. 6. Duty to disclose information

4. PART III TRUSTEES

   1. CHAPTER I TRUSTEES: GENERAL

      1. 7. Ineligibility to act as actuary or auditor

      2. 8. Meaning of trustee of a trust scheme

   2. CHAPTER II FUNCTIONS OF TRUSTEES

      1. 9. Exemption from the requirement to give notice of an occasion when a specified number of trustees must be present for a decision

      2. 10. Manner of, and time for giving, notice when a specified number of trustees must be present for a decision

   3. CHAPTER III RECEIPTS, PAYMENTS AND RECORDS

      1. 11. Exemption from the requirement for money to be kept by the trustees

      2. 12. Requirement for trustees to keep books and records

      3. 13. Records of trustees’ meetings

      4. 14. Period for which books and records must be kept

      5. 15. Employer to make payments of benefits into a separate account

      6. 16. Prescribed time in which an employer must make payments to trustees or managers

5. PART IV MONEY PURCHASE SCHEMES

   1. 17. Exemption from requirement to secure a payment schedule

   2. 18. Amounts to be shown in a payment schedule

   3. 19. Requirements which a payment schedule must satisfy

   4. 20. Period within which notice must be given

   5. 21. Circumstances where notice of non-payment of any amount payable to a scheme need not be given

6. Signature

7. Explanatory Note