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The Pensions (Northern Ireland) Order 1995, Section 32 is up to date with all changes known to be in force on or before 13 October 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.
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32.—(1) Decisions of the trustees of a trust scheme may, unless the scheme provides otherwise, be taken by agreement of a majority of the trustees.
(2) Where decisions of the trustees of a trust scheme may be taken by agreement of a majority of the trustees—
(a)the trustees may, unless the scheme provides otherwise, by a determination under this paragraph require not less than the number of trustees specified in the determination to be present when any decision is so taken, and
(b)notice of any occasions at which decisions may be so taken must, unless the occasion falls within a prescribed class or description, be given to each trustee to whom it is reasonably practicable to give such notice.
(3) Notice under paragraph (2)(b) must be given in a prescribed manner and not later than the beginning of a prescribed period.
(4) This Article is subject to Articles 8(4)(b)[F1and 25(2) and Article 218(6) of the Pensions (Northern Ireland) Order 2005].
(5) If paragraph (2)(b) is not complied with,[F2Article 10 applies] to any trustee who has failed to take all such steps as are reasonable to secure compliance.
F1Words in art. 32(4) substituted (6.4.2006) by Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), arts. 1(2), 290(1), Sch. 10 para. 42(a); S.R. 2006/95, art. 2(c), Sch. Pt. 3
F2Words in art. 32(5) substituted (6.4.2006) by Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), arts. 1(2), 290(1), Sch. 10 para. 42(b); S.R. 2006/95, art. 2(c), Sch. Pt. 3
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