Regulation 9 Connected employer transfer paymentsI1

Northern Ireland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

reg. 9 coming into force by Contracting-out (Transfer and Transfer Payment) 1996 reg. 1(1)
reg. 9 words omitted by Occupational and Stakeholder Pension Schemes Regulations (Northern Ireland) 2013 reg. 4(3)
reg. 9 substituted by Contracting-out (Transfer and Transfer Payment) Regulations (Northern Ireland) 2018 reg. 2(4)

A connected employer transfer payment may be made to a salary related contracted-out scheme subject to—

(a)

the condition set out in regulation 8(c), and

(b)

the condition set out in regulation 12(3) of the Occupational Pension Schemes (Preservation of Benefit) Regulations (Northern Ireland) 1991^f1 (requirement for actuarial certificate).

Annotations

Commencement

I1: Reg. 9 in operation at 6.4.1997, see reg. 1(1)

Footnotes

f1: S.R. 1991 No. 37; relevant amending regulations are S.R. 1993 No. 324