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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 3
- Regulation 8A
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Changes and effects yet to be applied to Regulation 8A:
- Sch. 3 para. 30(ca) inserted by S.R. 2019/115 reg. 3(4)
- reg. 29A(1A) inserted by S.R. 2019/115 reg. 3(3)(a)
- reg. 29A(2B) inserted by S.R. 2019/115 reg. 3(3)(b)
Changes and effects yet to be applied to the whole Rule associated Parts and Chapters:
Whole provisions yet to be inserted into this Rule (including any effects on those provisions):
- Sch. 3 para. 30(ca) inserted by S.R. 2019/115 reg. 3(4)
- reg. 29A(1A) inserted by S.R. 2019/115 reg. 3(3)(a)
- reg. 29A(2B) inserted by S.R. 2019/115 reg. 3(3)(b)
[F1Scheme closure: collective money purchase schemesN.I.
This section has no associated Explanatory Memorandum
8A.—(1) In relation to a collective money purchase scheme, the information specified in paragraphs (2) and (3) must be given in accordance with this regulation.
(2) The information listed in paragraphs 30 to 33 of Schedule 2 must be given as soon as practicable and in any event no more than one month after a decision by the trustees to pursue continuity option 3.
(3) The information listed in paragraphs 34 to 38 of Schedule 2 must be given as soon as is practicable and in any event no more than one month after the date on which the Regulator notifies the trustees in accordance with section 89(4) of the 2021 Act (continuity option 3: conversion to closed scheme).
(4) The information must be given to all members and beneficiaries of the scheme except for excluded persons.
(5) In this regulation, and in Schedule 2, “continuity option 3” is the conversion of the scheme into a closed scheme in accordance with sections 85 (continuity options) and 89 of the 2021 Act and regulations made section 89 of that Act.]
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