Regulation 14 Contributions to schemesI1

Northern Ireland

During an assessment period in relation to an eligible scheme, the prescribed circumstances in which further contributions may be paid to the scheme by an employer in relation to the scheme are where those contributions relate to –

(a)

all or any part of that employer’s liability for any debt due from him to the scheme under Article 75^f1 of the 1995 Order (deficiencies in the assets) which has not yet been discharged, and

(b)

the value of an asset of the scheme arising from a debt or obligation referred to in Article 127(5)(a) to (d) (Board’s obligation to obtain valuation of assets and protected liabilities).

Annotations

Commencement

I1: Reg. 14 in operation at 6.4.2005, see reg. 1(1)(b)

Footnotes

f1: Article 75 is amended by Article 248 of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1))