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The Occupational Pension Schemes (Employer Debt) Regulations (Northern Ireland) 2005

Type Ni-Statutory-Rule
Publication 2005-03-25
Last updated 2022-08-01
State In force
Jurisdiction Northern Ireland
Department Government Printer for Northern Ireland
Source legislation.gov.uk
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articles Not indexed
Reform history JSON API

[^key-481855105422ee2d90abe1adf5cf7672]: Reg. 6(2)-(8) substituted for reg. 6(2)-(5) (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 6 (with reg. 2(3)-(8))

[^key-acd92c9347e09c93e95e39383018c10b]: Reg. 8 substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 9 (with reg. 2(3)-(8))

[^key-127afddcc369cdaa1ecaf90c2e5150ff]: Reg. 9 substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 10 (with reg. 2(3)-(8))

[^key-982fe79481482a9781dc34c2aa57e8e4]: Words in reg. 11(1) substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 11(1) (with reg. 2(3)-(8))

[^key-80db6b0c4d75578b58f9aaad78b818b8]: Words in reg. 12(1) omitted (6.4.2008) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 11(2)(a) (with reg. 2(3)-(8))

[^key-402eac46e2829ac01c4db59dee033590]: Words in reg. 12(1) omitted (6.4.2008) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 11(2)(b) (with reg. 2(3)-(8))

[^key-f05c0bbbc308534f1104fb1e5687e89a]: Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(a) (with reg. 2(3)-(8))

[^key-8feef2a6c1af1a72773f903d966587f1]: Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(b) (with reg. 2(3)-(8))

[^key-1efe7a243534fc60b5d3befc96934595]: Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(c) (with reg. 2(3)-(8))

[^key-d5fa704405d7d31257cc9a3b179f2c71]: Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(d) (with reg. 2(3)-(8))

[^key-5ada20f544ff91fd2fec2270232d5d5d]: Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(e) (with reg. 2(3)-(8))

[^key-14008a702a0828df38e409aeb4b898d3]: Word in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(f) (with reg. 2(3)-(8))

[^key-beee01d9e7ec6c2ffe357d18a3a0b74c]: Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(h) (with reg. 2(3)-(8))

[^key-1fea5c05b62ed130ab2c7353b50a753b]: Words in reg. 2(1) substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(i) (with reg. 2(3)-(8))

[^key-af2f3445cf6884e02224d11e9ea5fb67]: Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(j) (with reg. 2(3)-(8))

[^key-15954aafeecb72c33efe316572378db4]: Words in reg. 2(1) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(k) (with reg. 2(3)-(8))

[^key-f2f9ba7f6e1c002b74ff84a46163b7f1]: Words in reg. 2(1) substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(2)(l) (with reg. 2(3)-(8))

[^key-62b5518f781d3bbf620dc898a8ef135e]: Reg. 2(4) omitted (6.4.2008) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(4) (with reg. 2(3)-(8))

[^key-67fd3281b060d8e6cdea5676d976c1d4]: Reg. 2(4A)-(4D) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(4) (with reg. 2(3)-(8))

[^key-85bcf04c870e1eef97b000b4d8a95d71]: Reg. 2(6) inserted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2008 (S.R. 2008/132), regs. 2(1), 4(5) (with reg. 2(3)-(8))

[^key-133df88547bd54dca641a70f6a863b0c]: Words in reg. 2(1) substituted (18.4.2008) by The Occupational Pension Schemes (Employer Debt: Apportionment Arrangements) (Amendment) Regulations (Northern Ireland) 2008 (S.R. 2008/178), regs. 1, 2(2)

[^key-7ea0915efb5b32e57f825e6a7eeb5a7d]: Reg. 7A(1)(b) substituted (18.4.2008) by The Occupational Pension Schemes (Employer Debt: Apportionment Arrangements) (Amendment) Regulations (Northern Ireland) 2008 (S.R. 2008/178), regs. 1, 2(3)

[^key-fa6ae438dd20edc46bb20a9dbfef437b]: Words in Sch. 1A para. 1(l)(ii) substituted (18.4.2008) by The Occupational Pension Schemes (Employer Debt: Apportionment Arrangements) (Amendment) Regulations (Northern Ireland) 2008 (S.R. 2008/178), regs. 1, 2(5)(a)

[^key-64726c52153c1bf69ffd46c4f941a596]: Words in Sch. 1A para. 1(l)(ii) substituted (18.4.2008) by The Occupational Pension Schemes (Employer Debt: Apportionment Arrangements) (Amendment) Regulations (Northern Ireland) 2008 (S.R. 2008/178), regs. 1, 2(5)(b)

[^key-f305506aaa54bfd0c70357393f272284]: Regs. 6ZA-6ZD inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 7

[^key-2b1bd5aec59106f9190991c39ea3dc8d]: Words in Sch. 1 heading substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 17(a)

[^M_F_fa1b5d7c-09a7-4ae3-a4bc-ff723109fe47]: Sch. 1: in the certificate, in paragraph 1 the words “assets of the scheme” substituted for “assets in scheme” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 17(b)(i)

[^M_F_659fcacb-e5cb-4aaf-e569-3eeb11118176]: Sch. 1: in the certificate, in paragraph 2, in the heading the word “[2” substituted for “2” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 17(b)(ii)(aa)

[^M_F_846851fc-64cb-4194-acc9-47e296951694]: Sch. 1: in the certificate, in paragraph 2 the words “was [£z].][delete as appropriate]” substituted for “was [£z].” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 17(b)(ii)(bb)

[^key-34b4fe19c6f915a324f0abd2f60c4a70]: Sch. 1: in the Notes the third paragraph omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 17(c)(i)

[^key-3c376dfe5fa75616042abf7542330801]: Sch. 1: in the Notes, in the fifth paragraph “updated liabilities assessment” substituted for “updated actuarial assessment” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 17(c)(ii)

[^key-399f071f187297e39773b489e48e79d3]: Sch. 1: in the Notes, “The total amount of the employer’s debt will be the amount stated in paragraph 2 of the certificate plus any cessation expenses (as defined in regulation 2(1) of the Employer Debt Regulations). See regulation 6(1)(e)(ii) of the Employer Debt Regulations.” inserted after the last paragraph (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 17(c)(iii)

[^key-1beb5a87bc7c7ef83bb3240c07213b8b]: Sch. 1A para. 4(6)(ii) renumbered as Sch. 1A para. 4(6)(iii) (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 18

[^key-7378d017430b08f80abaf8ab932ed3b2]: Sch. 1B para. 1(2)(e) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 19(a)

[^key-e44485b8099ed0b5045a2acec3818273]: Sch. 1B para. 1(2)(g) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 19(a)

[^key-6984b87f76ff0583eab091c15f12b39a]: Words in Sch. 1B para. 3(1) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 19(b)

[^key-ea0aafeaf77d7de056b6da2baa783062]: Sch. 1C: in the certificate paragraph 3 substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 20(a)

[^key-7f5439040bef78630978ccfddcd9095f]: Sch. 1C: in the Notes, in the first paragraph the definition of “relevant transfer deduction” substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 20(b)(i)

[^key-d0b3df3f4fefeab494fa8b8efa9079cb]: Sch. 1C: in the Notes the second paragraph omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 20(b)(ii)

[^key-e465ccce77b0a1af47df61c97f423f7c]: Sch. 1C: in the Notes, in the fourth paragraph the words “updated liabilities assessment” substituted for “updated actuarial assessment” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 20(b)(iii)(aa)

[^key-7c7b003a85e0099724c5b55a6550c0fb]: Sch. 1C: in the Notes, in the fourth paragraph the words “[delete as appropriate]” inserted after “Employer Debt Regulations” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 20(b)(iii)(bb)

[^key-5f1f2960fb994871c7f06c88dce53692]: Sch. 1C: in the Notes, the words “The total amount of the employer’s debt will be the amount of the (approved) withdrawal arrangement share stated in paragraph 2 of the certificate plus any cessation expenses (as defined in regulation 2(1) of the Employer Debt Regulations). See regulation 6(1)(e)(ii) of the Employer Debt Regulations.” added after the seventh paragraph (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 20(b)(iv)

[^key-195e42a14a4df3dfb7503cca9af7a9fd]: Sch. 1D: in the Notes, in the second paragraph the words “had commenced” substituted for “had not commenced” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 21(a)

[^key-e0ba73c91625f0e6ba760e2dd0f70081]: Sch. 1D: in the Notes the third paragraph omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 21(b)

[^key-de46186c53ed98f9ec568f39646bd5bb]: Sch. 1D: in the Notes, in the fifth paragraph the words “updated liabilities assessment” substituted for “updated actuarial assessment” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 21(c)(i)

[^key-ddf58ec3a04b45616dfae76db22fbb83]: Sch. 1D: in the Notes, in the fifth paragraph the words “[delete as appropriate]” inserted after “Employer Debt Regulations” (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 21(c)(ii)

[^key-d7b23c3f911c571fd91c08dc305570c9]: Words in reg. 2(1) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(i)

[^key-a4dc0d585d3b9b3f4e1e26b4c4f71707]: Words in reg. 2(1) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(ii)

[^key-4cd090e8ae85e30ff7bcee6996f9e1a9]: Words in reg. 2(1) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(iii)

[^key-67fc1d0fbd341af067950bc9e056cd47]: Words in reg. 2(1) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(iv)

[^key-78cb769534aa8fac4ce6c7c18c28a63d]: Words in reg. 2(1) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(v)

[^key-dbed367761e4bb22983f72fdac8be262]: Words in reg. 2(1) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(a)(vi)

[^key-9e24b1f4c40517e7ecea7f2abcd9e90b]: Reg. 2(3A) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(b)

[^key-96b390df2fdc1fa01af253935b92ffbd]: Reg. 2(7) added (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 4(c)

[^key-86bacbf9dad48ba91274fcc5a2535368]: Reg. 5(4)(b) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 5(a)

[^key-3cb4abe532b6b783f65f6245bf065ac2]: Reg. 5(7) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 5(b)

[^key-577788fd944656d5ecc601362fedf32e]: Words in reg. 5(10)(a) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 5(c)

[^key-18675baa5cd5732dc4159224729f068a]: Words in reg. 5(12) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 5(d)

[^key-2eaa44cc0c5701d6a2b395d32974879b]: Words in reg. 5(14) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 5(e)

[^key-13cb5f6fadf24b45985fe47daf4a1b8a]: Words in reg. 5(17)(b) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 5(e)

[^key-063e9ac61a3771541d306f89ee3eff44]: Words in reg. 6(1)(e)(i) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 6(a)

[^key-7dd5de7f4c0b8ae9ac75f1db02ebd8b9]: Reg. 6(4)(aa) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 6(b)

[^key-dd256847d454e926ced891ae86f48b0f]: Reg. 6B(2) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 8(a)

[^key-95d0e8d038a2b70a4f2c7e6b0a34ddc5]: Reg. 6B(3)(4) added (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 8(b)

[^key-52b1f6c6c080fa5959dbf63a6b58c4fb]: Words in reg. 6C(2) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 9(a)

[^key-050ece9ef20a1a41e00d4d3589db644c]: Reg. 6C(2)(b) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 9(b)

[^key-db1ddc1df4dd39a5d2f4b4001268523a]: Words in reg. 7(6)(b) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 10

[^key-09ce29b95905f0651ddef07acb27cbf4]: Words in reg. 9(3)(d) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 11(a)

[^key-a68cb97c49df8278a763eb39f3ed3d2b]: Words in reg. 9(13) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 11(b)

[^key-80b92dae1a488c182b8c78b5bd9e62b4]: Reg. 9(14A) inserted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 11(c)

[^key-ca4615660894f0e293c0d4feeb0a4f61]: Words in reg. 12(1) omitted (6.4.2010) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 12

[^key-890ab14e22fba3dafa39f030db5b1e87]: Words in reg. 14(2)(b) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 13(a)

[^key-5746bfd99e3e051dd246fa1143a8c4d8]: Words in reg. 14(4)(b) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 13(a)

[^key-755e55fe6c328ba368533c84390c8a6e]: Words in reg. 14(6)(b) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 13(a)

[^key-b4be9a069732d93709c99366e5c60a64]: Words in reg. 14(4)(a) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 13(b)

[^key-7848b24aad4a6a51762a1837cbc5eff0]: Words in reg. 15(2)(b) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 14

[^key-d2208d38f6dd584c9b17265317cddf04]: Reg. 16 substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 15

[^key-6b38021b0c84fd409fe89da15993a907]: Words in reg. 17(1) substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/111), regs. 1(1), 16

[^key-fde3b41ae4720c82a0e7e6025112fc2b]: Reg. 6E inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 10

[^key-7ec69a13c8edc66cbe9c91f353e14959]: Sch. 1: in the Notes, in the definition of “liability proportion” the words “K divided by L” substituted for ““K/L”” (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 12(a)

[^key-406a295d7cbaf33ed82432d047d8103a]: Sch. 1: in the Notes, in the definition of “liability share” the words “multiplied by the total” substituted for “of the total” (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 12(b)

[^key-7545df0b9cc753966a5b21201e165bf4]: Sch. 1B para. 2(1)(a): renumbered (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 13(a)

[^key-e1823d54d6a1af149e40451c1890bbac]: Sch. 1B para. 2(1)(b) and word added (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 13(b)

[^key-bacc5f1174f02affcc14ea803fe9c579]: Words in reg. 2(1) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(a)(i)

[^key-b641ec0ef19161ea00fc20ea307e111e]: Words in reg. 2(1) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(a)(ii)

[^key-babb72b7734dffd051ecca6f5ede3c1b]: Words in reg. 2(1) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(a)(iii)

[^key-ff003a6d23e79b0806c961366aa87a4d]: Word in reg. 2(4A) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(b)(i)

[^key-a7211202dde84158dc46c96562a43e6d]: Words in reg. 2(4A)(a) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(b)(ii)

[^key-d1c808093de9666b5cc1311333fcaea9]: Words in reg. 2(4A)(b) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(b)(iii)

[^key-be53b594113d53fab862f4aabd0f4d2f]: Words in reg. 2(4B) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(c)(i)

[^key-3a70fde30df77dcac7547518a43cc129]: Word in reg. 2(4B) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 4(c)(ii)

[^key-d6e79ffdcd4d5269a343bc8b37de5a29]: Reg. 5(3) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 5(a)

[^key-38b7922dee4e9e4e18549d6b9ae9a2d2]: Word in reg. 5(8) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 5(b)

[^key-4b89192aafd90d7e05d8b26ccc2b580d]: Reg. 5(15) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 5(c)

[^key-31b0d07f9c2599a33d89d13e1f690344]: Reg. 6(4)(ab) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 6(a)

[^key-e1b3853fc486cd455817b9672787656d]: Reg. 6(4)(b) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 6(b)

[^key-a09e56eb7b02981057168a742522a28b]: Words in reg. 6ZA(1) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 7(a)

[^key-ef8d9980b8c8519c5652dc3179a3f38b]: Reg. 6ZA(7) added (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 7(b)

[^key-22e4f90f6930cbc51f6474c5f6fbf953]: Word in reg. 6ZB(17)(f)(ii) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 8(a)

[^key-69505115f0b47d5e8e375f7d8f929ba4]: Reg. 6ZB(17)(h)(i) added (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 8(b)

[^key-39673da37487734bb3b4bcdef167907c]: Words in reg. 6A(3) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 9(b)

[^key-52378356bbb77339580f878ef8bcf5e2]: Reg. 6A(4)(5) added (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 9(c)

[^key-604025bb5b3bf6905c489d8160a61293]: Words in reg. 9(3)(c)(iii) substituted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 11(a)(i)

[^key-7ac7b7e2464fba632030ab6a235df636]: Reg. 9(3)(e) and word added (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 11(a)(ii)

[^key-c3def7b4062c3b266eb9a1a18c7dd711]: Reg. 9(14B) inserted (27.1.2012) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 (S.R. 2012/1), regs. 1(1), 11(b)

[^key-6955e826ef980074da301a065e1a4804]: Sch. 1D: in paragraph 2 of the certificate the words “FRC standards” substituted for “BAS standards” (9.8.2012) by The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012 (S.R. 2012/294), reg. 1(1), Sch. para. 10(d)(ii)

[^key-b95d2ffddba70360d795d12a6e72835b]: Sch. 1: in paragraph 3 of the certificate the words “FRC standards” substituted for “BAS standards” (9.8.2012) by The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012 (S.R. 2012/294), reg. 1(1), Sch. para. 10(d)(i)

[^key-4ae33100fe6707f272bbd22e26caee35]: Words in reg. 2(1) omitted (9.8.2012) by virtue of The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012 (S.R. 2012/294), reg. 1(1), Sch. para. 10(a)(i)

[^key-20007de918c88354c17ae728dfcc5370]: Reg. 2(3) substituted (9.8.2012) by The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012 (S.R. 2012/294), reg. 1(1), Sch. para. 10(a)(ii)

[^key-78d3796677624d80994804302dfd6f7b]: Words in reg. 5(17) substituted (9.8.2012) by The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012 (S.R. 2012/294), reg. 1(1), Sch. para. 10(b)

[^key-01d34e67d9c4743a18ad98cb9ca3e7dc]: Words in reg. 6(8) substituted (9.8.2012) by The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012 (S.R. 2012/294), reg. 1(1), Sch. para. 10(c)

[^key-d0883a8740abcb893e95b146802b2075]: Words in Sch. 1A para. 4(6)(i) substituted (30.4.2013) by The Pension Protection Fund and Occupational and Personal Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2013 (S.R. 2013/95), regs. 1(2), 8

[^key-f74d6b04b46d6d11961038a4de89d804]: Words in reg. 10(3)(b)(i) substituted (6.4.2014) by The Occupational Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2014 (S.R. 2014/93), regs. 1(1), 5

[^key-323a8235e8f7acb95810904cd7b75391]: Words in reg. 4(1)(f)(ii) substituted (6.4.2016) by The Pensions (2015 Act) (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order (Northern Ireland) 2016 (S.R. 2016/158), arts. 1(a), 22(a)

[^key-dc093e0202ceb25da910f61484a126ce]: Reg. 4(3) added (6.4.2016) by The Pensions (2015 Act) (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order (Northern Ireland) 2016 (S.R. 2016/158), arts. 1(a), 22(b)

[^key-705d100e9cfa2f29272113c647d527b3]: Reg. 6F inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 7

[^key-20fc4a6516f07ae1ca16e5567d33e120]: Word in Sch. 1B para. 2(1)(a) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 10(a)(i)

[^key-4f9f1ad56095bd25a623e6b8a1a54bcf]: Word in Sch. 1B para. 2(1)(b) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 10(a)(ii)

[^key-d71d4b68513c5bcc1381bd47461ff8fb]: Sch. 1B para. 2(1)(c)(d) added (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 10(a)(iii)

[^key-32c95449ddad9bab075c9a6d498af6b7]: Words in Sch. 1B para. 2(2) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 10(b)

[^key-7c97817ebaf136400e7a5120929b6faf]: Words in reg. 2(1) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 3(a)(i)

[^key-5ee03742e5b98b9c6970086eef98b56a]: Words in reg. 2(1) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 3(a)(ii)

[^key-fd70c050420dd4cb15eb2390e91178cc]: Words in reg. 2(1) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 3(a)(iii)

[^key-44db01b6b3d1ec8849a11ef7a370d3c3]: Words in reg. 2(3A) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 3(b)

[^key-e9bf6fe497caa552966f601b6037aee0]: Reg. 2(3B)-(3D) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 3(c)

[^key-eef1d9978afc981f30156799e07402f7]: Reg. 2(4E) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 3(d)

[^key-7d054bda38411ffe04034ade4efd4ca3]: Words in reg. 6ZA(1)(c) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 4

[^key-c85694502bfea29ab83939a7b069e9d8]: Words in reg. 6A(1) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 5(a)(i)

[^key-691a50b3497a64e4951377c73b016257]: Words in reg. 6A(1)(a) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 5(a)(ii)

[^key-24776adcc4338bc1bf587960cca92307]: Reg. 6A(1)(b) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 5(a)(iii)

[^key-dfdfabcbb6cba36b214029f018a41122]: Words in reg. 6A(2) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 5(b)

[^key-c05d6e874049e23a431146a3f03acce6]: Words in reg. 6E(1) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 6(a)(i)

[^key-60ed363e85ad1559c0873fafbf9d8b40]: Words in reg. 6E(1)(b)(i) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 6(a)(ii)(aa)

[^key-f9627c468a6104207029e3585569669b]: Word in reg. 6E(1)(b)(ii) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 6(a)(ii)(bb)

[^key-0b9976b8ad8e7a06499bda9ebc58fed5]: Reg. 6E(1)(b)(iii) omitted (6.4.2018) by virtue of The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 6(a)(ii)(cc)

[^key-8929456e8c1df342705d15afd2d2c546]: Reg. 6E(1A) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 6(b)

[^key-93e12abc664d9916d2e3d5a48c7b655f]: Reg. 8(2)(a)(i) substituted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 8

[^key-45ae5e1ba180239373a4843bdc47f903]: Words in reg. 9(2)(a) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 9(a)

[^key-0fce26da981fc922c2870a5425263ddc]: Reg. 9(3A) inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2018 (S.R. 2018/49), regs. 1, 9(b)

[^key-7154484f46a9e2c3aae31ec23f05fed0]: Reg. 4(1)(g)(ii) and word omitted (31.12.2020) by virtue of The Occupational and Personal Pension Schemes (Amendment etc.) (Northern Ireland) (EU Exit) Regulations 2019 (S.I. 2019/193), regs. 1, 19(2); 2020 c. 1, Sch. 5 para. 1(1)

[^key-8a611464735a88670c01954e2412bdb6]: Words in reg. 10(4) substituted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2022 (S.R. 2022/192), regs. 1(1), 7(a)

[^key-97e952a14f222717df2f77211a68c087]: Words in reg. 10(4) inserted (1.8.2022) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations (Northern Ireland) 2022 (S.R. 2022/192), regs. 1(1), 7(b)

Multi-employer schemes: employment-cessation events and withdrawal arrangements

Calculation of amounts due from cessation employer by virtue of regulation 7

7A
  • (1) The conditions which apply to a regulated apportionment arrangement are as follows—
  • (a) the arrangement applies to a trust scheme where—
  • (i) the trustees are of the opinion that there is a reasonable likelihood of an assessment period commencing in relation to the scheme within the following 12 months, or
  • (ii) an assessment period has already commenced in relation to the scheme and has not come to an end;
  • (b) where an assessment period has not already commenced, each of the following persons agrees to the arrangement—
  • (i) the trustees of the scheme, and either
  • (ii) where the employer’s liability share is increased, the employer, or
  • (iii) where the employer’s liability share is reduced, any remaining employer to whom all or part of the amount that would have been the employer’s liability share is being apportioned;
  • (c) the arrangement and any amendments to the arrangement are approved by the Authority by a notice of approval, and
  • (d) the Board of the Pension Protection Fund does not object to the arrangement.
  • (2) A notice of approval is a confirmation, issued by the Authority, that in their opinion in the circumstances described in the application it would be reasonable to issue a notice of approval.

Calculation of amounts due from guarantors by virtue of regulation 7

7B

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Multi-employer schemes: sectionalised schemes

SCHEDULE 1A — Withdrawal Arrangements and Approved Withdrawal Arrangements

Withdrawal arrangements

1

The conditions a withdrawal arrangement, or a withdrawal arrangement after it has been approved by the Authority, must comply with are—

  • (a) the trustees or managers, the cessation employer and the guarantor are parties;
  • (b) it provides the date on which it is to come into force;
  • (c) it provides that at or before the time specified the cessation employer will pay—
  • (i) in the case of a withdrawal arrangement, the withdrawal arrangement share, or
  • (ii) in the case of an approved withdrawal arrangement, the approved withdrawal arrangement share;
  • (d) where the withdrawal arrangement share or approved withdrawal arrangement share shall be paid in instalments, the dates for payment of such instalments;
  • (e) it provides that the guarantors shall pay an amount or amounts equal to amount B;
  • (f) it provides that if an event specified in paragraph 3 occurs before amount B has been paid and while the agreement is still in force, the guarantors shall pay amount B;
  • (g) it specifies whether amount B is calculated under either sub-paragraph (2) or (3) of paragraph 5;
  • (h) specifies where there is more than one guarantor, whether the guarantors are jointly or jointly and severally liable;
  • (i) provides details of any relevant transfer deduction which may apply, the anticipated relevant transfer liabilities, the anticipated corresponding assets and the anticipated time scale for finalisation of the relevant transfer deduction;
  • (j) it provides that amounts payable under the withdrawal arrangement or approved withdrawal arrangement are payable to the trustees or managers of the scheme;
  • (k) it provides that one or more parties to the withdrawal arrangement or approved withdrawal arrangement are to meet any expenses incurred by the parties in connection with one or both of the following—
  • (i) the making of the arrangement;
  • (ii) the making of any calculations by the actuary for the purpose of the arrangement;
  • (l) the arrangement shall continue in force until—
  • (i) the winding up of the scheme is completed;
  • (ii) in the case of an approved withdrawal arrangement, the Authority issue a notice to the parties to the arrangement stating that the Authority consider that the arrangement is no longer required, or
  • (iii) the arrangement is replaced by another arrangement that is in the case of an approved withdrawal arrangement approved by the Authority as an approved withdrawal arrangement,

whichever occurs first.

Approval of withdrawal arrangements

2

The amount of the liabilities of a scheme which are to be taken into account—

  • (a) for the purposes of a withdrawal arrangement share or an approved withdrawal arrangement share must be certified by the actuary in the form set out in Schedule 1C;
  • (b) to determine amount B under sub-paragraph (3) of paragraph 5 must be certified by the actuary in the form set out in Schedule 1D;
  • (c) to determine amount B under sub-paragraph (2) of paragraph 5 must be certified by the actuary after the guarantee time in the form set out in Schedule 1D.
3

The events where amount B must be paid are—

  • (a) the scheme commences winding-up;
  • (b) a relevant event occurs in relation to the last remaining employer in relation to the scheme (where the last remaining employer is the only employer remaining who has not had a relevant event);

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