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The Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations (Northern Ireland) 2005

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Citation, commencement and interpretation

1.—(1) These Regulations may be cited as the Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations (Northern Ireland) 2005 and shall come into operation –

(a)for the purposes of this regulation, and regulations 3(4)(d) and (g), 4(2), 5(3)(b), 7, 8(1)(a) and 10(5) for the purpose only of the making of regulations, on 8th March 2005,

(b)for all other purposes, on 6th April 2005.

(2) In these Regulations –

the Order” means the Pensions (Northern Ireland) Order 2005;

“partially guaranteed scheme” means an eligible scheme in respect of which a relevant public authority has –

(a)

given a guarantee in relation to –

(i)

any part of the scheme;

(ii)

any benefits payable under the scheme rules; or

(iii)

any members of the scheme, or

(b)

made any other arrangements for the purposes of securing that the assets of the scheme are sufficient to meet any part of its liabilities.

(3) In these Regulations, any reference to a numbered Article is a reference to the Article of the Order bearing that number.

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