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The Pension Protection Fund (Entry Rules) Regulations 2005
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- UK Statutory Instruments
- 2005 No. 590
- Regulation 7
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7. The prescribed requirements referred to in section 129(1)(b) and (4)(b) of the Act (applications and notifications for the purposes of section 128) that are to be met in relation to the employer in relation to an eligible scheme are that the employer is either—
(a)a public body—
(i)in relation to which it is not possible for an insolvency event as defined in section 121 of the Act (insolvency event, insolvency date and insolvency practitioner) to occur; and
(ii)which is not the employer in relation to an occupational pension scheme in respect of which a relevant public authority has either—
(aa)given a guarantee in relation to any part of the scheme, any benefits payable under the scheme or any member of the scheme, or
(bb)made any other arrangements for the purposes of securing that the assets of the scheme are sufficient to meet any part of its liabilities; or
(b)a charity which is not a company or other body corporate.
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