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The Electricity Supply Pension Scheme (Transfer Date Amendments) Regulations 1990
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- 1990 No. 318
- THE SCHEDULE
- PART II
- Regulation 9
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9. The following clause shall be inserted immediately following Clause 42, as Clause 42A:
“Initiation of Total Discontinuance Provisions
42A.—(1) All (but not some only) of such of the Original Principal Employers other than Association Services which at any time and from time to time participate in the Scheme shall together be entitled to give written notice to the Trustees terminating their liability (and that of all other Employers) to pay contributions under the Scheme with effect from midnight on the next following 31 March which is not less than 180 days from the date of such notice.
(2) In such event, immediately following such 31 March the Scheme shall forthwith be discontinued and the provisions of Clause 43 shall thereafter have effect.
(3) No discontinuance pursuant to this Clause shall affect the liability of any Employer to contribute to the Scheme in accordance with its terms in respect of the period prior to the date of such discontinuance.”
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