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The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010
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- Northern Ireland Statutory Rules
- 2010 No. 111
- Regulation 22
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Amendment of the Pensions Regulator (Financial Support Directions, etc.) Regulations
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22. In regulation 15(2) of the Pensions Regulator (Financial Support Directions etc.) Regulations (Northern Ireland) 2005(1) (former employers)—
(a)for “condition A, AA, AB, B, C or D” substitute “condition A, AA, AB, B, C, D or E”;
(b)after sub-paragraph (d) add—
“(e)condition E is that—
(i)as a result of a restructuring occurring within regulation 6ZB or 6ZC of the Occupational Pension Schemes (Employer Debt) Regulations (Northern Ireland) 2005 (employment-cessation events: exemptions), no Article 75 debt became due, and
(ii)regulation 6ZA(3) or (4) of those Regulations (employment-cessation events: general) does not apply in relation to that restructuring.”.
(1)
S.R. 2005 No. 378; regulation 15(2) was amended by regulation 19 of S.R. 2008 No. 132
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