The Occupational Pension Schemes (Governance and Registration) (Amendment) Regulations (Northern Ireland) 2023

Made: 28th March 2023

Coming into operation: 30th March 2023

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PART 1 — Introductory provisions

Citation and commencement

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PART 2 — Use of fiduciary management services and investment consultancy services

Amendment of the Occupational Pension Schemes (Scheme Administration) Regulations

2

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PART 3 — Registrable information

Amendment of the Register of Occupational and Personal Pension Schemes Regulations

3

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PART 4 — Revocation

Revocation

4

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SCHEDULE — Schedule to be added to the Occupational Pension Schemes (Scheme Administration) Regulations (Northern Ireland) 1997

Signed

Sealed with the Official Seal of the Department for Communities on 28th March 2023

Anne McCleary — A senior officer of the Department for Communities

Explanatory note

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Footnotes

[^f00001]: See section 1(7) of the Departments Act (Northern Ireland) 2016 (c. 5 (N.I.))

[^f00002]: S.I. 2005/255 (N.I. 1)

[^f00003]: 2015 c. 5 (N.I.)

[^f00004]: S.R. 1997 No. 94; relevant amending Regulations are S.R. 2015 No. 309; see also regulation 2 of S.R. 2022 No. 216

[^f00005]: Regulation 29 was added by regulation 22 of S.R. 2015 No. 309

[^f00006]: 2004 c. 35

[^f00007]: S.R. 2005 No. 412

[^f00008]: Regulation 1(2ZB) was inserted by regulation 14(b) of S.R. 2015 No. 309

[^f00009]: Copies of the Order are available on the Competition and Markets Authority’s website:https://www.gov.uk/cma-cases/investment-consultants-market-investigation#the-investment-consultancy-and-fiduciary-management-market-investigation-order-2019

[^f00010]: S.R. 2022 No. 216

[^f00011]: 2006 c. 46

[^f00012]: Article 35 was substituted by Article 221 of the Pensions (Northern Ireland) Order 2005

[^f00013]: Article 36 was amended by Article 222 of the Pensions (Northern Ireland) Order 2005 and Article 151 of S.I. 2001/3649

[^f00014]: “The Regulator” is defined in paragraph 14(1) of Schedule 17 to the Pensions Act (Northern Ireland) 2015; see also paragraph 4(1) of Schedule 18 to that Act

[^f00015]: “Compliance notice” is defined in paragraph 3(2)(a) of Schedule 18 to the Pensions Act (Northern Ireland) 2015

[^f00016]: “Third party compliance notice” is defined in paragraph 3(2)(b) of Schedule 18 to the Pensions Act (Northern Ireland) 2015

[^f00017]: “Penalty notice” is defined in paragraph 3(2)(c) of Schedule 18 to the Pensions Act (Northern Ireland) 2015

[^f00018]: Article 10(8A) was inserted by paragraph 9 of Schedule 2 to the Welfare Reform and Pensions (Northern Ireland) Order 1999 (S.I. 1999/3147 (N.I. 11))

[^f00019]: S.R. 2005 No. 93; relevant amending Regulations are S.R. 2015 No. 309 and S.R. 2021 Nos. and 272; see also regulation 3 of S.R. 2022 No. 216

[^f00023]: S.R. 2022 No. 216

[^f00024]: 2021 c. 6 (N.I.)

[^f00025]: S.I. 2015/102; the definition of “contracting authorities” in regulation 2(1) was amended by paragraph 17(1) of Schedule 3 to the Advanced Research and Invention Agency Act 2022 (c. 4)

[^f00026]: Article 34 was amended by paragraph 43 of Schedule 10 to the Pensions (Northern Ireland) Order 2005 and Article 150 of S.I. 2001/3649

Editorial notes