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The Occupational Pension Schemes(Winding Up) Regulations 1996

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The Occupational Pension Schemes(Winding Up) Regulations 1996 is up to date with all changes known to be in force on or before 14 November 2024. There are changes that may be brought into force at a future date. Help about Changes to Legislation

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  1. Introductory TextNext Match

  2. PreliminaryPrevious MatchNext Match

    1. 1. Citation, commencement and interpretationPrevious MatchNext Match

    2. 2. Commencement of winding upPrevious MatchNext Match

  3. Preferential liabilities on winding upPrevious MatchNext Match

    1. 3. Modifications of s. 73(3) for schemes beginning to be wound up before 6th April 2005Previous MatchNext Match

    2. 4.Calculation of the value or amount of scheme assets and liabilitiesPrevious MatchNext Match

    3. 4A.Calculation of liabilities where employer not insolventPrevious MatchNext Match

    4. 4B.Calculation of liabilities where employer not insolvent and where winding up commences on or after 11th June 2003Previous MatchNext Match

    5. 4C.Calculation of liabilities where winding up commences, and date of calculation falls, on or after 15 February 2005Previous MatchNext Match

    6. 5. Modification of schemes to fix time for settling priority of liabilities on winding upPrevious MatchNext Match

  4. Discharge of liabilities by insurance etc.Previous MatchNext Match

    1. 6. Arrangements for discharge of liabilities under s. 74Previous MatchNext Match

    2. 7. Requirements applicable to notices of discharge under regulation 6Previous MatchNext Match

    3. 8. Requirements to be satisfied by transferee schemes, annuities etc.Previous MatchNext Match

    4. 9. Relationship of these Regulations and requirements under s. 32A of the Pension Schemes Act 1993Previous MatchNext Match

  5. Power to defer winding upPrevious MatchNext Match

    1. 10.Disapplication of s. 38Previous MatchNext Match

    2. 11. Records and informationPrevious MatchNext Match

  6. Modifications affecting certain schemesPrevious MatchNext Match

    1. 12. Winding up of sectionalised schemes etc.Previous MatchNext Match

    2. 12A.Schemes with partial government guaranteePrevious MatchNext Match

    3. 12B.Schemes covering United Kingdom and foreign employmentPrevious MatchNext Match

    4. 13.Hybrid schemesPrevious MatchNext Match

  7. SignaturePrevious MatchNext Match

  8. Explanatory NotePrevious Match

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