Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) (Amendment) Regulations (Northern Ireland) 2011 come into force
Implementation date: 11 August 2011
The Regulations amend the Occupational Pension Schemes (Assignment, Forfeiture, Bankruptcy etc.) Regulations (Northern Ireland) 1997 (SR 1997/153), pursuant to the changes made to the taxation of pension scheme contributions by the Finance Act 2011. They remove a legislative obstacle that would have prevented a reduction to a pension scheme member’s benefits if the scheme paid the annual allowance tax charge on behalf of that member. The Regulations make corresponding provision to Regulations made in Great Britain. The Regulations can be viewed on the UK legislation website.