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The Insolvency (Northern Ireland) Order 1989
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Changes over time for: Section 315C
Alternative versions:
- 01/01/2006- Amendment
- 29/02/2008- Amendment
- 04/01/2024
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The Insolvency (Northern Ireland) Order 1989, Section 315C is up to date with all changes known to be in force on or before 26 May 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Orders under Article 315A: supplementaryN.I.
F1315C.—(1) The person responsible for—
(a)an approved pension arrangement under which a bankrupt has rights,
(b)an unapproved pension arrangement under which a bankrupt has excluded rights, or
(c)a pension arrangement under which a bankrupt has at any time had rights,
shall, on the bankrupt's trustee in bankruptcy making a written request, provide the trustee with such information about the arrangement and rights as the trustee may reasonably require for, or in connection with, the making of applications under Article 315A.
(2) Nothing in—
(a)any provision of section 155 of the Pension Schemes (Northern Ireland) Act 1993 or Article 89 of thePensions (Northern Ireland) Order 1995 (which prevent assignment and the making of orders that restrain a person from receiving anything which he is prevented from assigning),
(b)any statutory provision (whether passed or made before or after the making of the Welfare Reform Order) corresponding to any of the provisions mentioned in sub-paragraph (a), or
(c)any provision of the arrangement in question corresponding to any of those provisions,
applies to the High Court exercising its powers under Article 315A.
(3) Where any sum is required by an order under Article 315A to be paid to the trustee in bankruptcy, that sum shall be comprised in the bankrupt's estate.
(4) Regulations may, for the purposes of the recovery provisions, make provision about the calculation and verification of—
(a)any such value as is mentioned in Article 315B(4)(b);
(b)any such amounts as are mentioned in Article 315B(6)(a) and (b).
(5) The power conferred by paragraph (4) includes power to provide for calculation or verification—
(a)in such manner as may, in the particular case, be approved by a prescribed person; or
[F2(b)in accordance with guidance from time to time prepared by a prescribed person.]
(6) References in the recovery provisions to the person responsible for a pension arrangement are to—
(a)the trustees, managers or provider of the arrangement, or
(b)the person having functions in relation to the arrangement corresponding to those of a trustee, manager or provider.
(7) In this Article and Articles 315A and 315B—
“the Department” means the Department of Health and Social Services;
“prescribed” means prescribed by regulations;
“the recovery provisions” means this Article and Articles 315A and 315B;
“regulations” means regulations made by the Department;
“the Welfare Reform Order” means the Welfare Reform and Pensions (Northern Ireland) Order 1999.
(8) Regulations under the recovery provisions may contain such incidental, supplemental and transitional provisions as appear to the Department necessary or expedient.
(9) Regulations under the recovery provisions shall be subject to negative resolution.
F1functions transf. SR 1999/481
F2Art. 315C(5)(b) substituted (29.2.2008) by Pensions Act (Northern Ireland) 2008 (c. 1), ss. 15, 21(1)(c), Sch. 5 para. 1; S.R. 2008/65, art. 2(a)(b)
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