The Occupational Pension Schemes (Levies) (Amendment) Regulations (Northern Ireland) 2006
Regulation 2 of these Regulations amends the Occupational Pension Schemes (Levies) Regulations (Northern Ireland) 2005 (“the Levies Regulations”) to—provide that the Pension Protection Fund Ombudsman levy is not payable in respect of the financial year ending on 31st March 2007 (paragraph (2));provide that in respect of the administration levy, for the financial year beginning on 1st April 2006, the general rule (as set out in regulation 5(4) of the Levies Regulations) for determining the reference day for a scheme is to apply (paragraph (3));provide for the amount payable in respect of the administration levy for the financial year ending on 31st March 2007 (paragraph (4));provide that, other than in relation to regulation 15 of the Levies Regulations, a reference to “the levies” in Part IV of those Regulations includes the pension protection levy (paragraph (5));make a consequential amendment to regulation 14(3) of the Levies Regulations (paragraph (6));provide that regulation 15 of the Levies Regulations does not apply to any pension protection levy (paragraph (7));add a reference to the corresponding provision (for the pension protection levy) which has effect in Great Britain (paragraph (8)).