Citation, commencement and interpretation1.
(1)
These Regulations may be cited as the Occupational and Personal Pension Schemes (Bankruptcy) Regulations (Northern Ireland) 2002 and shall come into operation on 6th April 2002.
(2)
In these Regulations—
“the 1989 Order” means the Insolvency (Northern Ireland) Order 1989;
“the 1999 Order” means the Welfare Reform and Pensions (Northern Ireland) Order 1999;
“the Taxes Act” means the Income and Corporation Taxes Act 19884;
“destination arrangement” has the meaning given in Article 315E(1)(b)5 of the 1989 Order;
“exclusion order” has the meaning given in regulation 4(a);
“income-related benefit” has the meaning given in section 122(1) of the Social Security Contributions and Benefits (Northern Ireland) Act 19926;
“pension-sharing transaction” has the meaning given in Article 315D(9)7 of the 1989 Order;
“relevant benefits” has the meaning given in section 612(1)8 of the Taxes Act;
“responsible person” means the person responsible for a pension arrangement within the meaning of Article 315C(6) of the 1989 Order;
“restoration order” means an order made under Article 315A9 of the 1989 Order;
“transferee” has the meaning given in Article 315D(9) of the 1989 Order;
“transferor” has the meaning given in Article 315D(9) of the 1989 Order;
“week” means a period of 7 days.
(3)
For the purposes of these Regulations and notwithstanding section 39(2) of the Interpretation Act (Northern Ireland) 195410, where a period of time is expressed to begin on, or to be reckoned from, a particular day, that day shall be included in the period.