{ "url": "https://openlegislation.uk/stakeholder-pension-schemes-regulations-northern-ireland-2000/regulation-1", "json_url": "https://openlegislation.uk/stakeholder-pension-schemes-regulations-northern-ireland-2000/regulation-1.json", "legislation": "nisr/2000/262", "legislation_title": "The Stakeholder Pension Schemes Regulations (Northern Ireland) 2000", "legislation_url": "https://openlegislation.uk/stakeholder-pension-schemes-regulations-northern-ireland-2000", "path": "regulation/1", "kind": "regulation", "number": "1", "heading": "Citation, commencement and interpretation", "text": "(1) These Regulations may be cited as the Stakeholder Pension Schemes Regulations (Northern Ireland) 2000.\n(2) Parts I to III and V shall come into operation on 1st October 2000 and Part IV shall come into operation on 8th October 2001.\n(3) In these Regulations—\n“the Act” means the Pension Schemes (Northern Ireland) Act 1993;\n“the 1995 Order” means the Pensions (Northern Ireland) Order 1995;\n“the 1999 Act” means the Welfare Reform and Pensions Act 1999;\n“the Order” means the Welfare Reform and Pensions (Northern Ireland) Order 1999;\n“the Taxes Act” means the Income and Corporation Taxes Act 1988;\n“the Authority” means the Occupational Pensions Regulatory Authority;\n“beneficiary”, in relation to a stakeholder pension scheme, means any person who has rights under the scheme which have arisen as a result of the death of a member of the scheme;\n“the Inland Revenue” means the Commissioners of Inland Revenue;\n“insurance company” means a company which is authorised under section 3 or 4 of the Insurance Companies Act 1982 (authorisation of insurance business);\n“investment trust” means a company that is approved for the purposes of section 842 of the Taxes Act;\n“minimum contributions” means amounts paid by the Inland Revenue in accordance with section 39 (payment of minimum contributions to personal pension schemes);\n“minimum payments” means payments made to an occupational pension scheme in respect of a person’s employment by virtue of which (subject to there being in force a contracting-out certificate issued by the Inland Revenue in accordance with Chapter I of Part III of the Act) that employment is contracted-out employment by reference to the scheme under section 4(1) (meaning of “contracted-out employment” and “minimum payment”);\n“pension arrangement” means—\n(a) an annuity contract;\n(b) an insurance policy, or\n(c) a scheme or arrangement which is administered wholly or primarily outside the United Kingdom,\nwhich has effect, or is capable of having effect, so as to provide benefits on termination of employment or on death or retirement, to or in respect of earners;\n“property” includes land;\n“qualifying scheme” shall, in respect of an employer, include any stakeholder pension scheme which has at any time been designated by the employer under Article 5(2) (duty of employers to facilitate access to stakeholder pension schemes);\n“reporting accountant” has the meaning given by regulation 11(3);\n“securities” means investments falling within paragraphs 1 to 5 of Schedule 1 to the Financial Services Act 1986 (investments and investment business) but does not include shares in an investment trust;\n“tax relief” means amounts which may be deducted from contributions, retained by members and recovered from the Inland Revenue by a scheme administrator under section 639 of the Taxes Act (member’s contributions);\n“transfer payment” means a payment in respect of a person’s accrued rights under a pension scheme or pension arrangement made with a view to acquiring rights under another pension scheme or pension arrangement for that person, and\n“with-profits fund” means a fund, maintained by an insurance company in respect of a particular part of its long-term business for which—\n(a) separate accounting records are maintained by the insurance company in respect of all income and expenditure relating to that part of its business, and\n(b) the benefits payable in respect of policies allocated to that fund are determined partly by reference to a discretion exercisable by any person.\n(4) Articles 4 and 7 of the Insolvency (Northern Ireland) Order 1989 (associated and connected persons) apply for the purposes of regulations 4(3) and 11(4) as they apply for the purposes of that Order.\n(5) Subject to paragraphs (6) and (7), the Interpretation Act (Northern Ireland) 1954 shall apply to these Regulations as it applies to an Act of the Assembly.\n(6) For the purposes of these Regulations, and notwithstanding section 39(2) of the Interpretation Act (Northern Ireland) 1954, where a period of time is expressed to begin on, or to be reckoned from, a particular day, that day shall be included in the period.\n(7) Without prejudice to any other method of service authorised under section 24 of the Interpretation Act (Northern Ireland) 1954, the requirement to send any document under these Regulations may be met by sending it by ordinary post.\n(8) In these Regulations references to notice in writing include using electronic communications for sending a notice to an address notified by the member for that purpose.\n(9) For the purposes of these Regulations and Article 3(8) and (9) (which provide that stakeholder pension schemes must have tax-exemption or tax-approval and must not refuse to accept transfer payments except in so far as necessary to ensure that the scheme has such exemption or approval) “tax-exemption” and “tax-approval” mean tax-exemption and tax-approval under Chapter IV of Part XIV of the Taxes Act.\n(10) In these Regulations—\n(a) any reference to a numbered section is a reference to the section of the Act bearing that number, and\n(b) any reference to a numbered Article is a reference to the Article of the Order bearing that number.", "extent": "N.I.", "status": "prospective", "version": "current", "annotations": [ { "type": "I", "label": "I1", "text": "Reg. 1 in operation at 1.10.2000, see reg. 1(2)" }, { "type": "footnote", "label": "f1", "text": "1993 c. 49" }, { "type": "footnote", "label": "f2", "text": "S.I. 1995/3213 (N.I. 22)" }, { "type": "footnote", "label": "f3", "text": "1999 c. 30" }, { "type": "footnote", "label": "f4", "text": "S.I. 1999/3147 (N.I. 11)" }, { "type": "footnote", "label": "f5", "text": "1988 c. 1" }, { "type": "footnote", "label": "f6", "text": "1982 c. 50" }, { "type": "footnote", "label": "f7", "text": "Section 842 was amended by section 117(1) and (4) of the Finance Act 1998 (c. 39), section 55 of the Finance Act 1990 (c. 29), paragraphs 14(1) and 55 of Schedule 10 to the Taxation of Chargeable Gains Act 1992 (c. 12), paragraph 8 of Schedule 17 to the Finance Act 1994 (c. 9), paragraphs 2 and 3 of Schedule 30 to the Finance Act 1996 (c. 8) and paragraph 7 of Schedule 38 to that Act" }, { "type": "footnote", "label": "f8", "text": "Section 39 was amended by paragraph 34 of Schedule 3 to the Pensions (Northern Ireland) Order 1995 and paragraph 54 of Schedule 1 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999 (S.I. 1999/671)" }, { "type": "footnote", "label": "f9", "text": "Section 4(1) was amended by Article 133(2) of, and paragraph 14 of Schedule 3 to, the Pensions (Northern Ireland) Order 1995 and paragraph 37 of Schedule 1 to the Social Security Contributions (Transfer of Functions, etc.) (Northern Ireland) Order 1999" }, { "type": "footnote", "label": "f10", "text": "1986 c. 60. Investments falling within paragraphs 1 to 5 of Schedule 1 to the Financial Services Act 1986 comprise shares and stock in the share capital of a company, debentures and other instruments creating or acknowledging indebtedness, government and public securities, instruments entitling the holder to subscribe for any of the above and certificates representing securities. These are further defined in those paragraphs" }, { "type": "footnote", "label": "f11", "text": "S.I. 1989/2405 (N.I. 19)" }, { "type": "footnote", "label": "f12", "text": "1954 c. 33 (N.I.)" } ], "outstanding_effects": [ { "type": "words substituted", "affecting": "nisr/2001/119", "affecting_title": "The Stakeholder Pension Schemes (Amendment No. 2) Regulations (Northern Ireland) 2001" }, { "type": "words inserted", "affecting": "nisr/2001/119", "affecting_title": "The Stakeholder Pension Schemes (Amendment No. 2) Regulations (Northern Ireland) 2001" }, { "type": "inserted", "affecting": "nisr/2001/119", "affecting_title": "The Stakeholder Pension Schemes (Amendment No. 2) Regulations (Northern Ireland) 2001" }, { "type": "coming into force", "affecting": "nisr/2000/262", "affecting_title": "The Stakeholder Pension Schemes Regulations (Northern Ireland) 2000" }, { "type": "words revoked", "affecting": "nisr/2013/72", "affecting_title": "The Occupational and Stakeholder Pension Schemes (Miscellaneous Amendments) Regulations (Northern Ireland) 2013" }, { "type": "words omitted", "affecting": "nisr/2014/79", "affecting_title": "The Occupational and Personal Pension Schemes (DisclosureofInformation) Regulations (Northern Ireland) 2014" }, { "type": "words omitted", "affecting": "nisr/2014/79", "affecting_title": "The Occupational and Personal Pension Schemes (DisclosureofInformation) Regulations (Northern Ireland) 2014" }, { "type": "words substituted", "affecting": "nisr/2014/79", "affecting_title": "The Occupational and Personal Pension Schemes (DisclosureofInformation) Regulations (Northern Ireland) 2014" }, { "type": "words omitted", "affecting": "nisr/2012/120", "affecting_title": "The Pensions (2008 Act) (Abolition of Contracting-out for Defined Contribution Pension Schemes) (Consequential Provisions) Regulations (Northern Ireland) 2012" }, { "type": "words omitted", "affecting": "nisr/2012/120", "affecting_title": "The Pensions (2008 Act) (Abolition of Contracting-out for Defined Contribution Pension Schemes) (Consequential Provisions) Regulations (Northern Ireland) 2012" }, { "type": "words omitted", "affecting": "nisr/2012/294", "affecting_title": "The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012" }, { "type": "words substituted", "affecting": "nisr/2012/294", "affecting_title": "The Pensions (Financial Reporting Council) (Amendment) Regulations (Northern Ireland) 2012" }, { "type": "words inserted", "affecting": "nisr/2010/373", "affecting_title": "The Occupational, Personal and Stakeholder Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2010" }, { "type": "words inserted", "affecting": "nisr/2010/373", "affecting_title": "The Occupational, Personal and Stakeholder Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2010" }, { "type": "words inserted", "affecting": "nisr/2010/373", "affecting_title": "The Occupational, Personal and Stakeholder Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2010" }, { "type": "words substituted", "affecting": "nisr/2010/373", "affecting_title": "The Occupational, Personal and Stakeholder Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2010" }, { "type": "words inserted", "affecting": "nisr/2007/64", "affecting_title": "The Occupational and Personal Pension Schemes (Prescribed Bodies) Regulations (Northern Ireland) 2007" }, { "type": "substituted", "affecting": "nisr/2007/64", "affecting_title": "The Occupational and Personal Pension Schemes (Prescribed Bodies) Regulations (Northern Ireland) 2007" }, { "type": "words substituted", "affecting": "nisr/2008/365", "affecting_title": "The Pensions (2008 Act) (Actuarial Guidance) (Consequential Provisions) Order (Northern Ireland) 2008" }, { "type": "words substituted", "affecting": "nisr/2002/268", "affecting_title": "The Stakeholder Pension Schemes (Amendment No. 2) Regulations (Northern Ireland) 2002" }, { "type": "reg. 1(8) renumbered as reg. 1(7A)", "affecting": "nisr/2002/216", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2002 (revoked)" }, { "type": "substituted", "affecting": "nisr/2002/268", "affecting_title": "The Stakeholder Pension Schemes (Amendment No. 2) Regulations (Northern Ireland) 2002" }, { "type": "words inserted", "affecting": "nisr/2002/410", "affecting_title": "The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2002" }, { "type": "words inserted", "affecting": "nisr/2002/410", "affecting_title": "The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2002" }, { "type": "words inserted", "affecting": "nisr/2002/410", "affecting_title": "The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2002" }, { "type": "words inserted", "affecting": "nisr/2002/410", "affecting_title": "The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2002" }, { "type": "words inserted", "affecting": "nisr/2002/410", "affecting_title": "The Occupational and Personal Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2002" }, { "type": "words inserted", "affecting": "nisr/2003/256", "affecting_title": "The Social Security and Pensions (Financial Services and Markets Act 2000) (Consequential Amendments) Regulations (Northern Ireland) 2003" }, { "type": "words substituted", "affecting": "nisr/2003/256", "affecting_title": "The Social Security and Pensions (Financial Services and Markets Act 2000) (Consequential Amendments) Regulations (Northern Ireland) 2003" }, { "type": "words substituted", "affecting": "nisr/2003/256", "affecting_title": "The Social Security and Pensions (Financial Services and Markets Act 2000) (Consequential Amendments) Regulations (Northern Ireland) 2003" }, { "type": "words substituted", "affecting": "nisr/2003/256", "affecting_title": "The Social Security and Pensions (Financial Services and Markets Act 2000) (Consequential Amendments) Regulations (Northern Ireland) 2003" }, { "type": "inserted", "affecting": "nisr/2003/256", "affecting_title": "The Social Security and Pensions (Financial Services and Markets Act 2000) (Consequential Amendments) Regulations (Northern Ireland) 2003" }, { "type": "words substituted", "affecting": "nisr/2005/110", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005" }, { "type": "words substituted", "affecting": "nisr/2005/110", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005" }, { "type": "words substituted", "affecting": "nisr/2005/110", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005" }, { "type": "words inserted", "affecting": "nisr/2005/110", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005" }, { "type": "words omitted", "affecting": "nisr/2005/110", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005" }, { "type": "words omitted", "affecting": "nisr/2005/110", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005" }, { "type": "omitted", "affecting": "nisr/2005/110", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005" }, { "type": "para. 8-8A substituted for para. 8", "affecting": "nisr/2005/110", "affecting_title": "The Stakeholder Pension Schemes (Amendment) Regulations (Northern Ireland) 2005" }, { "type": "words inserted", "affecting": "nisr/2010/373", "affecting_title": "The Occupational, Personal and Stakeholder Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2010" }, { "type": "omitted", "affecting": "nisr/2010/373", "affecting_title": "The Occupational, Personal and Stakeholder Pension Schemes (Disclosure of Information) (Amendment) Regulations (Northern Ireland) 2010" }, { "type": "words substituted", "affecting": "uksi/2006/744", "affecting_title": "The Taxation of Pension Schemes (Consequential Amendments of Occupational and Personal Pension Schemes Legislation) Order 2006" }, { "type": "substituted", "affecting": "uksi/2006/744", "affecting_title": "The Taxation of Pension Schemes (Consequential Amendments of Occupational and Personal Pension Schemes Legislation) Order 2006" }, { "type": "words substituted", "affecting": "uksi/2006/744", "affecting_title": "The Taxation of Pension Schemes (Consequential Amendments of Occupational and Personal Pension Schemes Legislation) Order 2006" }, { "type": "words substituted", "affecting": "uksi/2013/472", "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013" }, { "type": "words substituted", "affecting": "uksi/2013/472", "affecting_title": "The Financial Services Act 2012 (Consequential Amendments and Transitional Provisions) Order 2013" }, { "type": "words omitted", "affecting": "uksi/2019/193", "affecting_title": "The Occupational and Personal Pension Schemes (Amendment etc.) (Northern Ireland) (EU Exit) Regulations 2019" } ], "provenance": { "source": "legislation.gov.uk", "source_url": "https://www.legislation.gov.uk/nisr/2000/262/regulation/1", "retrieved_at": "2026-10-29T02:14:43.107515+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." }