Explanatory Note
(This note is not part of the Regulations.)
These Regulations amend the Register of Occupational and Personal Pension Schemes Regulations (Northern Ireland) 1997 (“the principal Regulations”).
Regulation 1 relates to citation, commencement and interpretation.
Regulation 2(3) amends regulation 2(2)(b) of the principal regulations so that incidental information required by the Registrar is to be provided by the trustees within 3 months of the Registrar’s sending to them by post a written notice requesting the information rather than within 3 months of receipt of such notice.
Regulation 2(4) amends regulation 6(3) of the principal Regulations. Where a scheme became registrable before 1st April 1997 the trustees shall provide the Registrar with the information mentioned in regulation 6(3) of the principal Regulations within 3 months of a request for the information from the Registrar.
Regulation 2(2) makes a consequential amendment to regulation 1(5) of the principal Regulations.
Section 178(1) of the Pension Schemes (Northern Ireland) Act 1993, one of the enabling provisions under which these regulations are made, was amended by Parts III and IV of Schedule 5 to the Pensions (Northern Ireland) Order 1995. The Pensions (1995 Order) (Commencement No. 8) Order (Northern Ireland) 1997 (S.R. 1997 No. 192 (C. 10)) provides for the coming into operation of those Parts of Schedule 5, in so far as they affect section 178(1), on 6th April 1997.