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The Occupational Pension Schemes (Contracting-out) Regulations (Northern Ireland) 1996
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- Northern Ireland Statutory Rules
- 1996 No. 493
- Part VII
- Regulation 69
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Miscellaneous provisions affecting section 47 of the Act
69.—(1) Section 47(1) to (3) of the Act shall not apply where an earner’s accrued rights to guaranteed minimum pensions under the scheme which is ceasing to be contracted out are transferred to another contracted-out scheme in accordance with arrangements approved by the Department, and the same employer is the earner’s employer in relation to both the first and second schemes or the employers in relation to those schemes are connected employers.
(2) In paragraph (1), “connected employers” means employers who would fall within any of the cases referred to in regulation 64(2) if the words “, at the relevant time” and regulation 64(3) were disregarded.
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