Amendment of the Pension Protection Fund (Review and Reconsideration of Reviewable Matters) Regulations6

1

The Pension Protection Fund (Review and Reconsideration of Reviewable Matters) Regulations (Northern Ireland) 200525 are amended in accordance with paragraphs (2) to (4).

2

In regulation 3 (time for making an application for a review decision)—

a

in paragraph (1)(a)—

i

after “an application concerning” insert “the issue of a determination under Article 127(2)(a)26 or”;

ii

after “trustees or managers of the scheme provide” insert “a summary of the determination or”;

b

in paragraph (3)27—

i

after sub-paragraph (d) insert—

da

the issue of—

i

a determination under Article 127(2)(a) (whether condition in Article 111(2)(a) or 112(2)(a) satisfied), or

ii

a notice under Article 127(2A) (whether Board will make a determination or obtain an actuarial valuation);

ii

at the end of sub-paragraph (j) omit “or”;

iii

after sub-paragraph (j) insert—

ja

the issue of—

i

a determination under Article 142(3)(a)28 (whether condition in Article 142(1) satisfied), or

ii

a notice under Article 142(3A) (whether Board will make a determination or obtain an actuarial valuation); or

3

In regulation 15(3) (time for making an application to reconsider)—

a

after sub-paragraph (d) insert—

da

the issue of—

i

a determination under Article 127(2)(a) (whether condition in Article 111(2)(a) or 112(2)(a) satisfied), or

ii

a notice under Article 127(2A) (whether Board will make a determination or obtain an actuarial valuation);

b

at the end of sub-paragraph (i) omit “or”;

c

after sub-paragraph (j) add—

or

k

the issue of—

i

a determination under Article 142(3)(a) (whether condition in Article 142(1) satisfied), or

ii

a notice under Article 142(3A) (whether Board will make a determination or obtain an actuarial valuation).

4

In the Schedule (interested person29)—

a

after paragraph 7A30 insert—

7B. Paragraphs 7B31 and 7C

7B.

The trustees or managers of the scheme.

7C. Paragraph 7D

7C.

(a)

the trustees or managers of the scheme; and

(b)

the members of that scheme or, where a member has died, any person entitled to present payment of a pension by reason of rights under the scheme in respect of a deceased member.

b

omit paragraph (8);

c

after paragraph 12 insert—

12A. Paragraphs 14A32, 14B and 14C

12A.

The trustees or managers of the scheme.