Regulation 10 Amendment of the Occupational Pension Schemes (Scheme Funding) Regulations

The Occupational Pension Schemes (Scheme Funding) Regulations (Northern Ireland) 2005^f1 shall be amended in accordance with paragraphs (2) to (4).

In regulation 2(1) (interpretation) after the definition of “the commencement date” insert—

• ““EEA agreement” means the agreement on the European Economic Area signed at Oporto on 2nd May 1992, together with the Protocol adjusting that Agreement signed at Brussels on 17th March 1993, as modified or supplemented from time to time;

• “EEA state”, in relation to any time, means—

  1. (a)

     a state which at that time is a member State, or

  2. (b)

     any other state which at that time is a party to the EEA agreement;”.

In regulation 17(1)(d)(i) (exemptions – general) for “member States” substitute “EEA states”.

In paragraph 4(2)(b) and (d)(i) and (3)(a) of Schedule 2 (modifications of the Order and Regulations: schemes covering United Kingdom and foreign employment) for “member States”, in each place where it occurs, substitute “EEA states”.