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The Pension Protection Fund (Entry Rules) (Amendment) Regulations (Northern Ireland) 2008

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Amendment of the Pension Protection Fund (Entry Rules) Regulations

2.  In regulation 3 of the Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 2005(1) (schemes which cease to be eligible schemes)—

(a)in paragraph (1)—

(i)at the end of sub-paragraph (a) omit “or”;

(ii)at the end of sub-paragraph (b) insert—

or

(c)the employer in relation to the scheme, or the last remaining employer in relation to a multi-employer scheme, is dissolved,;

(b)after paragraph (2) add—

(3) In its application to a segregated scheme, paragraph (1) shall have effect as if each section of the scheme were a separate scheme..

(1)

S.R. 2005 No. 126; regulation 3 was amended by regulation 21(4) of S.R. 2006 No. 155

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