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Occupational Pension Schemes (Contracting-out) Regulations 1996
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- 1996 No. 1172
- PART VII
- Regulation 69
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Miscellaneous provisions affecting section 51 of the 1993 Act.
69.—(1) Section 51(1) to (3) of the 1993 Act shall not apply where an earner’s accrued rights to guaranteed minimum pensions under the scheme which is ceasing to be contracted-out are transferred to another contracted-out scheme in accordance with arrangements approved by the Secretary of State, and the same employer is the earner’s employer in relation to both the first and second schemes or the employers in relation to those schemes are connected employers.
(2) In paragraph (1), “connected employers” means employers who would fall within any of the cases referred to in regulation 64(2), if the words “at the relevant time” and regulation 64(3) were disregarded.
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