The Occupational Pension Schemes (Independent Trustee) Regulations (Northern Ireland) 1997
These Regulations concern trust schemes and the duties imposed by Articles 22 to 26 of the Pensions (Northern Ireland) Order 1995 (“the Order”) on an insolvency practitioner or the official receiver acting in relation to an employer to ensure that there is an independent trustee and to appoint one if there is not. They replace the Occupational Pension Schemes (Independent Trustee) Regulations (Northern Ireland) 1990 (“the 1990 Regulations”) which are, subject to transitional provisions, now revoked. Regulations 1 to 6 consolidate and amend the 1990 Regulations. In addition to minor and drafting amendments the Regulations make the following changes of substance—