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The Pensions (Northern Ireland) Order 2005
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- Northern Ireland Orders in Council
- 2005 No. 255 (N.I. 1)
- PART II
- Collecting information relevant to...
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Changes over time for: Cross Heading: Collecting information relevant to the Board
Version Superseded: 01/09/2021
Alternative versions:
- 01/01/2006- Amendment
- 01/03/2017
Point in time - 01/09/2021- Amendment
- 01/10/2021- Amendment
Status:
Point in time view as at 01/03/2017.
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The Pensions (Northern Ireland) Order 2005, Cross Heading: Collecting information relevant to the Board is up to date with all changes known to be in force on or before 02 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.
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Collecting information relevant to the BoardN.I.
Information relevant to the BoardN.I.
63. The Regulator may collect any information which appears to it to be relevant to the exercise of the functions of the Board.
Duty to notify the Regulator of certain eventsN.I.
64.—(1) Except where the Regulator otherwise directs, the appropriate person must give notice of any notifiable event to the Regulator.
(2) In paragraph (1) “notifiable event” means—
(a)a prescribed event in respect of an eligible scheme, or
(b)a prescribed event in respect of the employer in relation to an eligible scheme.
(3) For the purposes of paragraph (1)—
(a)in the case of an event within paragraph (2)(a), each of the following is “the appropriate person”
(i)the trustees or managers of the scheme,
(ii)a person of a prescribed description, and
(b)in relation to an event within paragraph (2)(b), each of the following is “the appropriate person”
(i)the employer in relation to the scheme,
(ii)a person of a prescribed description.
(4) A notice under paragraph (1)—
(a)must be in writing, and
(b)subject to paragraph (5), must be given as soon as reasonably practicable after the person giving it becomes aware of the notifiable event.
(5) Regulations may require a notice under paragraph (1) to be given before the beginning of the prescribed period ending with the notifiable event in question.
(6) Subject to Article 283 (protected items), no duty to which a person is subject is to be regarded as contravened merely because of any information or opinion contained in a notice under this Article.
(7) Where the trustees or managers of a scheme fail to comply with an obligation imposed on them by paragraph (1), Article 10 of the 1995 Order (civil penalties) applies in relation to any trustee or manager who has failed to take all reasonable steps to secure compliance with that paragraph.
(8) That Article also applies to any other person who, without reasonable excuse, fails to comply with an obligation imposed on him by paragraph (1).
(9) In this Article—
“eligible scheme” has the meaning given by Article 110,
“event” includes a failure to act.
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