The Occupational Pension Schemes (Independent Trustee) Regulations 1997

Made: 6th February 1997

Laid before Parliament: 12th February 1997

Coming into force: 6th April 1997

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Citation, commencement and interpretation

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Additional requirement for independent trustee

2

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Multi-employer schemes

3

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Cases where a partnership is the employer

4

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Exemptions

5

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Meaning of “employer” in relation to schemes with no members in employment to which the scheme relates

6

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Disclosure requirements and penalty

7

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Transitional arrangements

8

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Revocation

9

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Signed

Signed by authority of the Secretary of State for Social Security.

MacKay of Ardbrecknish — Minister of State, — Department of Social Security — 6th February 1997

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]: Section 168 is substituted by section 155 of the Pensions Act 1995.

[^f00004]: 1993 c. 48.

[^f00005]: See section 120(1) of the Pensions Act 1995.

[^f00006]: See section 185(6) of the Pension Schemes Act 1993 and section 173(1)(b) of the Social Security Administration Act 1992 (c. 5), the effect of which is that the requirement to consult the Occupational Pensions Board does not apply where the Board agrees that regulations should not be referred to them.

[^f00007]: See Part V of the Insolvency Act 1986 (c. 45) and the Insolvent Partnerships Order 1986 (S.I. 1986/2142).

[^f00008]: 1988 c. 1.

[^f00009]: 1993 c. 48.

[^f00010]: Section 611A was inserted by paragraph 15 of Schedule 6 to the Finance Act 1989 (c. 26).

[^f00011]: Section 119 is repealed by the Pensions Act 1995, Schedule 3, paragraph 30.

[^f00012]: S.I. 1990/2075.

Editorial notes