{
  "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996.json",
  "id": "nisr/1996/584",
  "title": "The Occupational Pension Schemes (Investment) Regulations (Northern Ireland) 1996",
  "short_title": "Occupational Pension Schemes (Investment) 1996",
  "long_title": "These Regulations impose restrictions on the amount of the resources of an occupational pension scheme which may be invested in employer-related investments. They also exempt certain schemes from the requirement imposed on trustees of trust schemes by Article 35 of the Pensions (Northern Ireland) Order 1995 (“the Order”) to obtain a statement of the principles governing decisions about investments for the purposes of the scheme. The Regulations replace the Occupational Pension Schemes (Investment of Scheme’s Resources) Regulations (Northern Ireland) 1992 which are now revoked.",
  "citation": "S.R. 1996/584",
  "type": "nisr",
  "year": "1996",
  "number": "584",
  "version": "current",
  "date": "1996-12-13",
  "revised": true,
  "valid_from": "1996-12-13",
  "extent": "N.I.",
  "unapplied_effects": 41,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/introduction",
      "extent": "N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "part/I",
      "kind": "part",
      "number": "I",
      "heading": "General",
      "url": null,
      "extent": "N.I.",
      "status": "prospective",
      "parent": null
    },
    {
      "path": "regulation/1",
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      "number": "1",
      "heading": "Citation, commencement and interpretation",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-1",
      "extent": "N.I.",
      "status": "prospective",
      "parent": "part/I"
    },
    {
      "path": "part/II",
      "kind": "part",
      "number": "II",
      "heading": "Restrictions on Employer-Related Investments",
      "url": null,
      "extent": "N.I.",
      "status": "prospective",
      "parent": null
    },
    {
      "path": "regulation/2",
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      "heading": "Schemes to which regulation 5 applies",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-2",
      "extent": "N.I.",
      "status": "prospective",
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    },
    {
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      "heading": "“Connected” persons",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-3",
      "extent": "N.I.",
      "status": "prospective",
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    },
    {
      "path": "regulation/4",
      "kind": "regulation",
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      "heading": "Prescription of investments as employer-related investments",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-4",
      "extent": "N.I.",
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    {
      "path": "regulation/5",
      "kind": "regulation",
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      "heading": "Restrictions on employer-related investments",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-5",
      "extent": "N.I.",
      "status": "prospective",
      "parent": "part/II"
    },
    {
      "path": "regulation/6",
      "kind": "regulation",
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      "heading": "Investments to which restrictions do not apply",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-6",
      "extent": "N.I.",
      "status": "prospective",
      "parent": "part/II"
    },
    {
      "path": "regulation/7",
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      "number": "7",
      "heading": "Transitional provisions",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-7",
      "extent": "N.I.",
      "status": "prospective",
      "parent": "part/II"
    },
    {
      "path": "regulation/8",
      "kind": "regulation",
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      "heading": "Loans that become employer-related",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-8",
      "extent": "N.I.",
      "status": "prospective",
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      "heading": "Multi-employer schemes",
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      "extent": "N.I.",
      "status": "prospective",
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    },
    {
      "path": "part/III",
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      "number": "III",
      "heading": "Exemptions from, and Modification of, Requirement to Obtain Statement of Investment Principles",
      "url": null,
      "extent": "N.I.",
      "status": "prospective",
      "parent": null
    },
    {
      "path": "regulation/10",
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      "heading": "Exemptions from Article 35",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-10",
      "extent": "N.I.",
      "status": "prospective",
      "parent": "part/III"
    },
    {
      "path": "regulation/11",
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      "heading": "Multi-employer schemes: modification of Article 35",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-11",
      "extent": "N.I.",
      "status": "prospective",
      "parent": "part/III"
    },
    {
      "path": "part/IV",
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      "heading": "Amendment",
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      "extent": "N.I.",
      "status": "prospective",
      "parent": null
    },
    {
      "path": "regulation/12",
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      "heading": "Amendment of the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-12",
      "extent": "N.I.",
      "status": "prospective",
      "parent": "part/IV"
    },
    {
      "path": "part/V",
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      "heading": "Revocations",
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    },
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      "heading": "Revocations",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/regulation-13",
      "extent": "N.I.",
      "status": "prospective",
      "parent": "part/V"
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/signature",
      "extent": "N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
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      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/occupational-pension-schemes-investment-regulations-northern-ireland-1996/note",
      "extent": "N.I.",
      "status": null,
      "parent": null
    }
  ],
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    {
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    "retrieved_at": "2026-10-29T02:31:50.539621+00:00"
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  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}