Pensions PART 1 PRELIMINARY Citation and commencement 1 These Regulations may be cited as the Pensions Regulator (Information Gathering Powers and Modification) Regulations (Northern Ireland) 2021 and shall come into operation on 1st October 2021. Interpretation 2 In these Regulations any reference to a numbered Article is a reference to the Article of the Pensions (Northern Ireland) Order 2005 bearing that number. PART 2 INTERVIEWS Interview notice 3 1 A notice issued by the Regulator under Article 67A(1) (interviews) (“the interview notice”) must contain the following information— a the details of the person required to attend the interview with the Regulator (“the interviewee”); b the power under which the interview is being conducted; c the functions of the Regulator engaged; d an explanation as to why the interview is being conducted; e details of how the interview process will be conducted; f the interviewee’s right to be represented at the interview; g an explanation that any statements made by the interviewee during the interview will be subject to Article 282 (admissibility of statements); h the legal effect of the interview notice and the possible sanctions for non-compliance; i the process for rearranging the time or place of the interview. 2 Where an interview is being conducted virtually via an online communication platform, the interview notice must also contain details for accessing the online communication platform. PART 3 MODIFICATION Modification of Article 68(6)(d) to (f): multi-employer schemes 4 1 In this regulation, “segregated scheme” means a multi-employer scheme which is divided into two or more sections where— a any contributions payable to the scheme by an employer in relation to the scheme or by a member are allocated to that employer’s or that member’s section, and b a specified portion of the assets of the scheme is attributable to each section of the scheme and cannot be used for the purposes of any other section. 2 In relation to a multi-employer scheme which is a segregated scheme, references to the employer in Article 68(6)(d) to (f) (inspection of premises) are to be read as references to any employer in relation to the relevant section of the scheme. 3 In relation to a multi-employer scheme which is not a segregated scheme, references to the employer in Article 68(6)(d) to (f) are to be read as references to any employer in relation to the scheme. PART 4 PENALTIES Fixed penalties 5 For the purposes of Article 72A(3)(a) (fixed penalty notices), the amount of the penalty is £400. Escalating penalties 6 1 For the purposes of Article 72B(5)(a) (escalating penalty notices), the daily rate of the penalty is— a in the case of a penalty notice issued to an individual, £200; b in the case of a penalty notice issued to a person other than an individual, the amount shown in the second column of the table in paragraph (2) in relation to the day in the first column of that table. 2 The table is— Day Daily rate 1 £500 2 £1,000 3 £1,500 4 £2,000 5 £2,500 6 £3,000 7 £3,500 8 £4,000 9 £4,500 10 £5,000 11 £5,500 12 £6,000 13 £6,500 14 £7,000 15 £7,500 16 £8,000 17 £8,500 18 £9,000 19 £9,500 20 £10,000 Each subsequent day £10,000 where Day 1 is the day specified in the escalating penalty notice, in accordance with Article 72B(6)(d), as being the date from which the penalty is payable, and subsequent days are numbered accordingly. Sealed with the Official Seal of the Department for Communities on 3rd September 2021 (L.S.) Anne McCleary A senior officer of the Department for Communities