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Statutory Rules of Northern Ireland


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STATUTORY RULES OF NORTHERN IRELAND


2005 No. 283

PENSIONS

The Pension Protection Fund (Pension Protection Levies Consultation) Regulations (Northern Ireland) 2005

  Made 31st May 2005 
  Coming into operation 20th June 2005 

The Department for Social Development, in exercise of the powers conferred on it by Articles 159 and 287(2) of the Pensions (Northern Ireland) Order 2005[1], and of all other powers enabling it in that behalf, hereby makes the following Regulations:

Citation, commencement and interpretation
     1.  - (1) These Regulations may be cited as the Pension Protection Fund (Pension Protection Levies Consultation) Regulations (Northern Ireland) 2005 and shall come into operation on 20th June 2005.

    (2) In these Regulations "the Order" means the Pensions (Northern Ireland) Order 2005 and any reference to a numbered Article is a reference to the Article of the Order bearing that number.

Manner of consultation
    
2. The prescribed manner for the consultation required under Article 159(1) (supplementary provisions about pension protection levies) is that the Board shall -

Manner of publication of details of determination
     3. The Board shall publish details of any determination it makes under Article 158(5) -



Sealed with the Official Seal of the Department for Social Development on


31st May 2005.

L.S.


John O'Neill
A senior officer of the Department for Social Development


EXPLANATORY NOTE

(This note is not part of the Regulations)


These Regulations prescribe the manner and publication requirements for the consultation required under Article 159 of the Pensions (Northern Ireland) Order 2005 ("the Order"). Article 159(1) of the Order provides that the Board of the Pension Protection Fund ("the Board") must consult such persons as it considers appropriate before determining matters relating to the pension protection levies specified in Article 158(5) of the Order.

Regulation 2 prescribes the manner of the consultation and provides that the Board shall -

Regulation 3 prescribes that details of any determination under Article 158 of the Order shall be published on the Board's website and in a paper format to any person upon request.

Article 159 of the Order, one of the enabling provisions under which these Regulations are made, was brought into operation, for the purpose only of authorising the making of regulations, on 31st May 2005 and for all other purposes on 20th June 2005, by virtue of the Pensions (2005 Order) (Commencement No. 4) Order (Northern Ireland) 2005 (S.R. 2005 No. 280 (C. 20)).

As these Regulations are made before the end of the period of six months beginning with the coming into operation of the provisions of the Order by virtue of which they are made, the requirement to consult under Article 289(1) of the Order does not apply by virtue of paragraph (2)(c) of that Article.


Notes:

[1] S.I. 2005/255 (N.I. 1)back

[2] The Pension Protection Fund website is situated at www.pensionprotectionfund.org.ukback



ISBN 0 337 96034 8


 © Crown copyright 2005

Prepared 9 June 2005


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URL: http://www.bailii.org/nie/legis/num_reg/2005/20050283.html