The Occupational Pension Schemes (Payments to Employer) Regulations (Northern Ireland) 2006

Notification to members

10.—(1) Where the trustees of a scheme to which regulation 3(1)(a) applies propose to make a payment under Article 37(1)(a) (payment of surplus to employer), the prescribed requirements in accordance with which the notice referred to in Article 37(3)(g) shall be given are that—

(a)the trustees of the scheme shall make a written statement that they have decided to make such a payment;

(b)the amount of the proposed payment shall be stated;

(c)the date that the payment is to be made, which is—

(i)not later than the last day on which the valuation certificate is valid for the purposes of Article 37(4)(e), and

(ii)at least three months after the day the information is sent to the members or survivors,

shall be stated, and

(d)the notice shall provide that the member may, within one month of the date of the notice, request a copy of the relevant valuation certificate prepared in accordance with regulation 7(1).

(2) Where a member requests a copy of the relevant valuation certificate under paragraph (1)(d), the trustees of the scheme shall provide this information within one month from the date that the request is received by them.

(3) A notice under Article 37(3)(g) does not have to be given to any excluded person.