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The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014
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- Northern Ireland Statutory Rules
- 2014 No. 79
- PART 8
- Regulation 25
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- 06/04/2014- Amendment
- 24/07/2014- Amendment
- 01/10/2019
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Occupational pension schemes after winding up for individual membersN.I.
This section has no associated Explanatory Memorandum
25.—(1) The information mentioned in paragraph (2) must be given in accordance with this regulation where—
(a)the scheme is being wound up, and
(b)the trustees or managers of the scheme have done what they can to discharge the scheme’s liabilities for a particular member or beneficiary of the scheme.
(2) The information is—
[F1(a)where the member or beneficiary of the scheme—
(i)has rights to benefits other than money purchase benefits, the information mentioned in Part 2 of Schedule 8, or
(ii)has rights to money purchase benefits, the information mentioned in paragraph 10 of Schedule 8, and]
(b)where the member or beneficiary of the scheme is, for the time being—
(i)entitled to payment of benefits, the information listed in paragraphs 6 and 7 of Schedule 7, or
(ii)except in relation to money purchase benefits, not entitled to payment of benefits, the information listed in paragraph 16 of Schedule 8.
(3) The information mentioned in paragraph (2) must be given to the member or beneficiary of the scheme except that an excluded person need not be given the information mentioned in paragraph (2)(b)(ii).
(4) The information must be given as soon as practicable after, and in any event within no more than 3 months of, the date paragraph (1)(b) is satisfied.
Textual Amendments
F1Reg. 25(2)(a) substituted (24.7.2014) by The Pensions (2012 Act) (Transitional, Consequential and Supplementary Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/204), regs. 1(1), 73(5)
Commencement Information
I1Reg. 25 in operation at 6.4.2014, see reg. 1(1)
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