LegalizeThe Occupational Pension Schemes (Investment) Regulations 1996
Made: 11th December 1996
Laid before Parliament: 18th December 1996
Coming into force: 6th April 1997
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PART I — GENERAL
Citation, commencement and interpretation
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PART II — RESTRICTIONS ON EMPLOYER-RELATED INVESTMENTS
Schemes to which regulation 5 applies
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Connected and associated persons
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Prescription of investments as employer-related investments
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Restrictions on employer-related investments
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Investments to which restrictions do not apply
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Transitional provisions
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Loans that become employer-related
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Multi-employer schemes
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PART III — ... STATEMENT OF INVESTMENT PRINCIPLES
Exemptions from section 35 of the 1995 Act
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Multi-employer schemes: modification of section 35 of the 1995 Act
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PART IV — AMENDMENTS
Amendments of the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations 1996
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PART V — REVOCATIONS
Revocations
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SCHEDULE — REVOCATIONS
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| Statutory Instrument Number | Statutory Instrument | Provision revoked |
| S.I. 1992/246 | The Occupational Pension Schemes (Investment of Scheme’s Resources) Regulations 1992 | The whole of the Regulations |
| S.I. 1994/1062 | The Occupational and Personal Pension Schemes (Consequential Amendments) Regulations 1994 | Schedule 2, paragraph 33 |
Signed
Signed by authority of the Secretary of State for Social Security.
Oliver Heald — Parliamentary Under-Secretary of State, — Department of Social Security — 11th December 1996
Explanatory note
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Footnotes
[^f00001]: Section 124(1) is cited because of the meaning there given to “prescribed” and “regulations”.
[^f00002]: 1995 c. 26.
[^f00003]: See section 120(1) of the Pensions Act 1995.
[^f00005]: 1985 c. 6. Section 736 was substituted, together with section 736A, by section 144(1) of the Companies Act 1989 (c. 40).
[^f00007]: 1988 c. 1.
[^f00008]: 1986 c. 45.
[^f00009]: 1985 c. 66.
[^f00015]: 1993 c. 48.
[^f00016]: S.I. 1992/246.
[^f00017]: S.I. 1996/1536.
Extension of the meaning of “employer”
1A
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Editorial notes
Additional content of statement of investment principles
11A
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