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PART 8General

Guarantees, bonds and indemnities

151.—(1) This regulation applies if—

(a)an employing authority fails or has at any time in the past failed, to pay or to remit contributions in accordance with regulation 30 to 34, 56 or 61; and

(b)the employing authority is—

(i)a GMS practice,

(ii)an APMS contractor, or

(iii)an OOH provider.

(2) The scheme manager may require the employing authority to have in force a guarantee, indemnity or bond which provides for payment to the scheme manager, if that authority fails to meet them, of all future liabilities under—

(a)this scheme, or

(b)the Health and Personal Social Services (Superannuation) (Additional Voluntary Contributions) Regulations (Northern Ireland) 1999(1).

(3) The guarantee, indemnity or bond must be in such form, in respect of such amount and provided by such person as the Department approves for the purpose.