Regulation 2 Amendment of the Occupational Pension Schemes (Levies) RegulationsI1

Northern Ireland

(1)

The Occupational Pension Schemes (Levies) Regulations (Northern Ireland) 2005^f1 shall be amended in accordance with paragraphs (2) to (8).

F1(2)

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

(3)

In regulation 5 (the reference day)—

(a)

in paragraphs (2) and (3)—

(i)

for “years” there shall be substituted “year”;

(ii)

the words “and 1st April 2006” shall be omitted;

(b)

in paragraph (4) for “1st April 2007” there shall be substituted “1st April 2006”.

F2(4)

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

(5)

In regulation 13 (meaning of “the levies” in Part IV)—

(a)

after “14(3)” there shall be inserted “or, as the case may be, 15(7)”;

(b)

for “and the initial levy” there shall be substituted “, the initial levy and the pension protection levy”.

(6)

In regulation 14(3) (attribution of payments in respect of levies) the words “any pension protection levy and” shall be omitted.

(7)

After paragraph (6) of regulation 15 (multi-employer schemes) there shall be added the following paragraph—

“(7)
This regulation does not apply to any pension protection levy.”.

(8)

In regulation 18(4) (avoidance of double liability: schemes in Great Britain)—

F3(a)

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

(b)

in sub-paragraph (c) for “Regulations.” there shall be substituted “Regulations; and”;

(c)

after sub-paragraph (c) there shall be added the following sub-paragraph—

“(d)
in the case of the pension protection levy, if it is imposed under section 175 of the 2004 Act.”.

Annotations

F1: Reg. 2(2) revoked (1.4.2007) by The Occupational Pension Schemes (Levies) (Amendment) Regulations (Northern Ireland) 2007 (S.R. 2007/210), regs. 1(b), 3
F2: Reg. 2(4) revoked (1.4.2007) by The Occupational Pension Schemes (Levies) (Amendment) Regulations (Northern Ireland) 2007 (S.R. 2007/210), regs. 1(b), 3
F3: Reg. 2(8)(a) revoked (1.4.2007) by The Occupational Pension Schemes (Levies) (Amendment) Regulations (Northern Ireland) 2007 (S.R. 2007/210), regs. 1(b), 3