The Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) Regulations (Northern Ireland) 1997

Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) Regulations (Northern Ireland) 1997 and shall come into operation on 6th April 1997.

(2) In these Regulations—

“approved scheme” means an occupational pension scheme which is approved or was formerly approved under section 590 or 591 of the Taxes Act 1988 (conditions for approval of retirement benefit schemes and discretionary approval), or in respect of which an application for such approval has been duly made which has not been determined;

“Armed Forces Pension Scheme” means the schemes under which pensions are payable by virtue of the Naval and Marine Pay and Pensions Act 1865(1), the Air Force (Constitution) Act 1917(2) or the Army Pensions Warrant 1977(3);

“associated” has the same meaning as in Article 4 of the Insolvency (Northern Ireland) Order 1989(4);

“public service pension scheme” has the same meaning as in section 1 of the Pension Schemes Act but does not include an Armed Forces Pension Scheme.

(3) In these Regulations any reference to a numbered Article is a reference to the Article of the Pensions (Northern Ireland) Order 1995 bearing that number.

(1)

1865 c. 73

(2)

1917 c. 51

(3)

Dated 17 June 1977 — Army Code No. 13045

(4)

S.I. 1989/2405 (N.I. 19)