The Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1996

  1. Introductory TextNext Match

  2. Previous MatchNext Match

    1. PreliminaryPrevious MatchNext Match

      1. 1. Citation and commencementPrevious MatchNext Match

      2. 2. InterpretationPrevious MatchNext Match

    2. Schemes which are not money purchase schemesPrevious MatchNext Match

      1. 3. Calculation of the value of scheme liabilities and assetsPrevious MatchNext Match

      2. 3A.Valuation of liabilities where employer not insolvent and where winding up commences before 11th June 2003 Previous MatchNext Match

      3. 3B.Valuation of liabilities where employer not insolvent and where winding up commences on or after 11th June 2003Previous MatchNext Match

      4. 3C.Valuation of liabilities where winding up commences, and date of calculation falls, on or after 15 February 2005Previous MatchNext Match

      5. 4. Multi-employer schemesPrevious MatchNext Match

      6. 5. Former employersPrevious MatchNext Match

      7. 6. Ceasing to participate: transitional provisionPrevious MatchNext Match

    3. Money purchase schemesPrevious MatchNext Match

      1. 7. Money purchase schemes: deficiency owing to fraud etc.Previous MatchNext Match

      2. 8. Multi-employer money purchase schemesPrevious MatchNext Match

      3. 9. Former employers of money purchase schemesPrevious MatchNext Match

    4. General and supplementaryPrevious MatchNext Match

      1. 10. Disapplication of section 75Previous MatchNext Match

      2. 11. Minor modificationsPrevious MatchNext Match

      3. 12. Modification of schemes: apportionment of section 75 debtsPrevious MatchNext Match

      4. 13. Revocations and savingsPrevious MatchNext Match

  3. SignaturePrevious MatchNext Match

    1. SCHEDULE 1Previous MatchNext Match

      FORM OF ACTUARY’S CERTIFICATEPrevious MatchNext Match

      1. ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996

      2. Date as at which valuation is made......................

      3. 1.ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996Previous MatchNext Match

      4. ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996

      5. The value of the assets of the scheme was..........................................................................

      6. The amount of the liabilities was.........................................................................................

      7. The amount of the difference was

      8. 2.ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996Previous MatchNext Match

      9. ACTUARIAL CERTIFICATE GIVEN FOR THE PURPOSES OF REGULATION 3 OF THE OCCUPATION PENSION SCHEMES (DEFICIENCY ON WINDING UP ETC.) REGULATIONS 1996

      10. Signature........................................................................................................

      11. Date..............................................................................................................

      12. Name.............................................................................................................

      13. Qualification....................................................................................................

      14. Address..........................................................................................................

      15. Name of employer.............................................................................................

      16. (if applicable

      17. Note:

      18. The valuation of the amount of the liabilities of the...

    2. SCHEDULE 2Previous MatchNext Match

      MINOR MODIFICATIONSPrevious MatchNext Match

      1. 1. Schemes covering United Kingdom and foreign employmentPrevious MatchNext Match

      2. 2.(1) This paragraph applies in any case where a scheme...Previous MatchNext Match

      3. 3. Schemes with partial government guaranteePrevious MatchNext Match

      4. 4. Schemes providing salary-related death benefitsPrevious MatchNext Match

  5. Explanatory NotePrevious Match