Disapplication of Article 35 and of regulations 2 and 3 in respect of certain schemes6

1

Article 35 and regulations 2 and 3 shall not apply to any of the following schemes—

a

a scheme which has fewer than 100 members, or

b

a scheme which is—

i

established by, or under, a statutory provision, and

ii

guaranteed by a public authority.

2

In this regulation—

  • “local authority” has the meaning given by Article 2(2) of the Superannuation (Northern Ireland) Order 197215;

  • “public authority” means—

    1. a

      a Minister of the Crown (within the meaning of the Ministers of the Crown Act 197516);

    2. b

      a government department (including any body or authority exercising statutory functions on behalf of the Crown), or

    3. c

      a local authority.