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The Stakeholder Pension Schemes Regulations (Northern Ireland) 2000
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- Northern Ireland Statutory Rules
- 2000 No. 262
- Part II
- Regulation 16
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Requirements as regards the provision of the other services
16. For the purposes of Article 3(1)(b), it shall be a condition of a scheme being a stakeholder pension scheme that—
(a)the scheme does not provide any service other than the management of the scheme and its funds unless—
(i)any such service is provided under a contract separate from any contract of membership of the scheme, is provided free of charge or is consistent with regulations 13 and 14, and
(ii)any contract for such service is in writing and sets out the amount of any charge for the service and the terms on which it is to be paid, and
(b)it is not a condition of membership of the scheme that any person enter into any contract, whether with the trustees or manager of the scheme or any other person, other than the contract of membership of the scheme.
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