The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations (Northern Ireland) 2012 No. 1

Amendment of the Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations

2.  In regulation 1(3) of the Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations (Northern Ireland) 2005(1) (interpretation)—

(a) in sub-paragraphs (a) and (b) for “C, D or E” substitute “C, D, E or F”;

(b) in sub-paragraph (a) after head (v) add—

“(vi) condition F is that a flexible apportionment arrangement has taken effect in accordance with regulation 6E(2) of the Occupational Pension Schemes (Employer Debt) Regulations (Northern Ireland) 2005 where the employer was the leaving employer within the meaning given in paragraph (7) of that regulation;”;

(c) in sub-paragraph (b) after head (v) add—

“(vi) condition F is that a flexible apportionment arrangement has taken effect in accordance with regulation 6E of the Occupational Pension Schemes (Employer Debt) Regulations (Northern Ireland) 2005 where the employer was the leaving employer within the meaning given in paragraph (7) of that regulation.”.

(1)

S.R. 2005 No. 91; regulation 1(3) was substituted by regulation 3(2)(b) of S.R. 2005 No. 357 and amended by regulation 2 of S.R. 2010 No. 111

(2)

Regulation 6E is inserted by regulation 10 of these Regulations