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Statutory Instrument 1996 No. 3128

The Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1996

(The document as of February, 2008)

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STATUTORY INSTRUMENTS

1996 No. 3128

PENSIONS

The Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1996

Made11th December 1996
Laid before Parliament18th December 1996
Coming into force in accordance with regulation 1(2) to (6)


ARRANGEMENT OF REGULATIONS

Preliminary
1. Citation and commencement.
2. Interpretation.
Schemes which are not money purchase schemes
3. Calculation of the value of scheme liabilities and assets.
4. Multi-employer schemes.
5. Former employers.
6. Ceasing to participate: transitional provision.
Money purchase schemes
7. Money purchase schemes: deficiency owing to fraud etc.
8. Multi-employer money purchase schemes.
9. Former employers of money purchase schemes.
General and supplementary
10. Disapplication of section 75.
11. Minor modifications.
12. Modification of schemes: apportionment of section 75 debts.
13. Revocations and savings.

SCHEDULES

 1. Form of actuary's certificate.

 2. Minor modifications.

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