The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018

Amendment of Schedule 1B

This section has no associated Explanatory Memorandum

10.  In paragraph 2 of Schedule 1B(1) (notifiable events)—

(a)in sub-paragraph (1)—

(i)in head (a) for “time, or” substitute “time;”;

(ii)in head (b) for “effect.” substitute “effect;”;

(iii)after head (b) add—

(c)a deferred debt arrangement taking effect, or;

(d)any event which terminates a deferred debt arrangement in accordance with regulation 6F(6).;

(b)in sub-paragraph (2) for “the making of the decision” substitute “the trustees or managers of the scheme make the decision or become aware of the event”.

(1)

Schedule 1B was substituted by regulation 15 of S.R. 2008 No. 132 and paragraph 2 was amended by regulation 13 of S.R. 2012 No. 1