{
  "url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-regulations-northern-ireland-1996/regulation-20",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-regulations-northern-ireland-1996/regulation-20.json",
  "legislation": "nisr/1996/619",
  "legislation_title": "The Occupational Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1996",
  "legislation_url": "https://openlegislation.uk/occupational-pension-schemes-transfer-values-regulations-northern-ireland-1996",
  "path": "regulation/20",
  "kind": "regulation",
  "number": "20",
  "heading": "Maximum penalty under Article 10",
  "text": "Where Article 10 (civil penalties) applies by virtue of section 89A(4) or 95(7), the maximum amount for the purposes of Article 10(2) shall be £1,000 in the case of an individual and £10,000 in any other case.",
  "extent": "N.I.",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 20 in operation at 6.4.1997, see reg. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 89A was inserted by Article 149 of the Pensions (Northern Ireland) Order 1995"
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Section 95(7) was added by paragraph 8(e) of Schedule 4 to the Pensions (Northern Ireland) Order 1995"
    }
  ],
  "outstanding_effects": [
    {
      "type": "coming into force",
      "affecting": "nisr/1996/619",
      "affecting_title": "The Occupational Pension Schemes (Transfer Values) Regulations (Northern Ireland) 1996"
    },
    {
      "type": "words substituted",
      "affecting": "nisr/2015/164",
      "affecting_title": "The Occupational and Personal Pension Schemes (Transfer Values) (Amendment and Revocation) Regulations (Northern Ireland) 2015"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1996/619/regulation/20",
    "retrieved_at": "2026-10-29T02:31:28.118011+00:00"
  },
  "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."
}