Guarantees, indemnities and bondsN.I.
163.—(1) This regulation applies if—
(a)an employing authority fails to pay contributions [F1or who has previously failed to pay contributions] in accordance with regulation 162, and
(b)the authority is—
(i)a GMS practice;
(ii)an APMS contractor; or
(iii)an OOH provider.
(2) The Department may require the authority to have in force a guarantee, indemnity or bond which provides for payment to the Department, should that authority fail to meet them, of all future liabilities of the authority [F2(or such liabilities as are specified by the Department)] under—
(a)these Regulations, or
(b)the Health and Personal Social Services (Superannuation) (Additional Voluntary Contributions) Regulations (Northern Ireland) 1999 M1.
(3) The guarantee, indemnity or bond must be in such form, in respect of such an amount and provided by such a person as the Department approves for the purpose.
Textual Amendments
F1Words in reg. 163(1)(a) inserted (with effect in accordance with reg. 1(2) of the amending Rule) by The Health and Personal Social Services (Superannuation), Health and Social Care (Pension Scheme) (Amendment No.2) Regulations (Northern Ireland) 2014 (S.R. 2014/225), regs. 1(2), 18(2)
F2Words in reg. 163(2) inserted (with effect in accordance with reg. 1(2) of the amending Rule) by The Health and Personal Social Services (Superannuation), Health and Social Care (Pension Scheme) (Amendment No.2) Regulations (Northern Ireland) 2014 (S.R. 2014/225), regs. 1(2), 18(3)
Marginal Citations
M1S.R. 1999 No. 294