Source: http://www.legislation.gov.uk/nisi/2005/255/part/VII
Timestamp: 2020-01-29 07:51:08
Document Index: 624620361

Matched Legal Cases: ['art. 265', 'art. 265', 'art. 266', 'art. 266', 'art. 266', 'art. 267', 'art. 267', 'art. 267', 'Art. 267', 'art 1', 'Art. 268', 'Art. 268', 'art. 2', 'art. 269', 'art. 269', 'art. 269', 'art. 269', 'art. 269', 'art. 270', 'art. 270', 'art. 270', 'art. 271', 'art. 271', 'art. 271']

PART VIIN.I.CROSS-BORDER ACTIVITIES WITHIN EUROPEAN UNION
UK occupational pension scheme receiving contributions from European employerN.I.
Approval in relation to particular European employerN.I.
265.—(1) An application by the trustees or managers of an occupational pension scheme for approval under this Article in relation to a European employer is made by the trustees or managers of the scheme giving the Regulator in the prescribed manner a notice ( “the notice of intention”) in the prescribed form which—
(a)specifies the European employer ( “the specified employer”),
(c)specifies the [F3host EEA state], and
(i)notify the competent authority of the [F4host EEA state] of the receipt by the Regulator of the notice of intention and of the contents of the notice, and
F3Words in art. 265(1)(c) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(5)
F4Words in art. 265(2)(a)(i) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(5)
Notification of legal requirements of [F5host EEA state] outside United KingdomN.I.
(a)the Regulator has notified the competent authority of the [F6host EEA state] under paragraph (2)(a)(i) of Article 265, and
(b)in pursuance of Article 20(5) of the Directive, the Regulator receives information from the competent authority as to requirements of the social and labour law of the [F6host EEA state] and as to the other matters referred to in Article 20(5) of the Directive,
(b)in pursuance of Article 20(8) of the Directive, the Regulator receives information ( “the new information”) from the competent authority of the [F7host EEA state] as to changes affecting any information previously forwarded under paragraph (1),
F5Words in art. 266 heading substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(6)
F6Words in art. 266(1)(a)(b) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(6)
F7Words in art. 266(2)(b) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(6)
Duty of trustees or managers to act consistently with law of [F8host EEA state]N.I.
267.—(1) Where the trustees or managers of an occupational pension scheme receive contributions to the scheme from a European employer, the trustees or managers must ensure that the scheme, so far as it relates to members who are or have been employed by the employer, is operated in a way which is consistent with the requirements of the social and labour law of the [F9host EEA state].
(c)Part II or Article 30 of the 1999 Order, F10...
(d)this Order[F11, or
F8Words in art. 267 heading substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(7)
F9Words in art. 267(1) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(7)
F10Word in art. 267(4)(c) omitted (16.1.2016) by virtue of Pension Schemes Act (Northern Ireland) 2016 (c. 1), s. 52, Sch. 2 para. 33(a)
F11Art. 267(4)(e) and word inserted (16.1.2016) by Pension Schemes Act (Northern Ireland) 2016 (c. 1), s. 52, Sch. 2 para. 33(b)
[F12 Exemption from enrolment duty under Part 1 of Pensions ( No. 2) Act (Northern Ireland) 2008 N.I.
F13268A] . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F12Art. 268A inserted (2.6.2012 for specified purposes otherwise prosp.) by Pensions Act (Northern Ireland) 2012 (c. 3), ss. 19, 34(1), (3)
F13Art. 268A repealed (16.7.2015) by Pensions Act (Northern Ireland) 2015 (c. 5), ss. 37(3)(a), 53(1); S.R. 2015/307, art. 2(1)(c)
Functions of Regulator in relation to institutions administered in other [F14EEA states]N.I.
269.—(1) Where a UK employer makes (or proposes to make) contributions to a European pensions institution, any function which Article 20 of the Directive requires or authorises to be exercised by the competent authorities of the [F15host EEA state] is exercisable by the Regulator.
(2) If the Regulator receives a notification in pursuance of Article 20(4) of the Directive from the competent authority in [F16another EEA state], the Regulator must within two months inform that authority of any relevant legal requirements.
(b)if the Regulator becomes aware of any contravention by the institution of any relevant legal requirements, inform the competent authority of the [F17EEA state] in which the institution has its main administration of the failure.
“European pensions institution” means an institution for occupational retirement provision, as defined by Article 6(a) of the Directive, that has its main administration in [F18an EEA state] other than the United Kingdom;
F14Words in art. 269 heading substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(8)(a)
F15Words in art. 269(1) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(8)(b)
F16Words in art. 269(2) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(8)(c)
F17Words in art. 269(4)(b) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(8)(d)
F18Words in art. 269(8) in definition of "European pensions institution" substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(8)(e)
Assistance for other European regulatorsN.I.
Stopping disposal of assets of institutions administered in other [F19EEA states]N.I.
270.—(1) This Article applies if the Regulator receives a request from the competent authority of [F20an EEA state] for assistance in prohibiting the free disposal of UK-held assets of a European pensions institution that has its main administration in [F21that EEA state].
F19Words in art. 270 heading substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(9)(a)
F20Words in art. 270(1) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(9)(b)(i)
F21Words in art. 270(1) substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(9)(b)(ii)
“competent authority”, in relation to [F22an EEA state] other than the United Kingdom, means a national authority designated in accordance with the law of that State to carry out the duties provided for in the Directive;
[F23“host EEA state”], in relation to a European employer, has the meaning given by Article 263(6);
“social and labour law”, in relation to [F24an EEA state] other than the United Kingdom, means the social and labour law (within the meaning of Article 20 of the Directive) of that State relevant to occupational pension schemes (within the meaning of that Article).
F22Words in art. 271 in definition of "competent authority" substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(10)(a)
F23Words in art. 271 in definition of "host member State" substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(10)(b)
F24Words in art. 271 in definition of "social and labour law" substituted (26.11.2007) by Occupational Pension Schemes (EEA States) Regulations (Northern Ireland) 2007 (S.R. 2007/457), reg. 5(10)(a)