- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
6. In regulation 2 of the Occupational Pension Schemes (Member-nominated Trustees and Directors) Regulations (Northern Ireland) 1996(1) (interpretation) –
(a)in paragraph (1) –
(i)after the definition of “independently selected” there shall be inserted the following definition –
““insurer” means –
a person who has permission under Part IV of the Financial Services and Markets Act 2000 to effect or carry out contracts of long-term insurance, or
an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act (EEA passport rights) which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to effect or carry out contracts of long-term insurance;”;
(ii)in the definition of “relevant wholly insured scheme”(2) for “an insurance company (as defined in section 96(1) of the Insurance Companies Act 1982)” there shall be substituted “an insurer”;
(b)after paragraph (1) there shall be inserted the following paragraph –
“(1A) In paragraph (1) the definition of “insurer” shall be read with –
(a)section 22 of the Financial Services and Markets Act 2000 (regulated activities);
(b)any relevant order under that section, and
(c)Schedule 2 to that Act.”.
S.R. 1996 No. 431; relevant amending regulations are S.R. 1997 No. 160
Definition of “relevant wholly insured scheme” was inserted by paragraph 4(2)(d) of the Schedule to S.R. 1997 No. 160
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: