Amendment of the Pension Protection Fund (Entry Rules) Regulations
3. In regulation 24 of the Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 2005(1) (applications for reconsideration)—
(a)for paragraph (1)(a) substitute—
“(a)either—
(i)a protected benefits quotation in relation to the scheme, or
(ii)written evidence which shows that the trustees or managers of the scheme have taken all reasonable steps to obtain a protected benefits quotation but were unable to do so, and”;
(b)in paragraph (2)—
(i)in sub-paragraph (f) after “binding valuation notice” insert “under Article 129(3) (binding valuations) or a binding determination notice under Article 127A(4) (determinations under Article 127)”;
(ii)in sub-paragraphs (h) and (i) at the beginning insert “where the application is accompanied by a protected benefits quotation,”.
S.R. 2005 No. 126; regulation 24 was amended by regulation 3(7) of S.R. 2005 No. 194