The Occupational Pension Schemes (Winding Up) Regulations (Northern Ireland) 1996
These Regulations make provision for the application of the statutory priority order set out in Article 73 of the Pensions (Northern Ireland) Order 1995 (“the Order”); the ways in which the trustees can be treated as having discharged their liabilities in respect of scheme members under Article 74 of the Order and the cases in which the statutory power to defer winding up under Article 38 of the Order is not to apply.