Powers to modify this PartN.I.
115.—(1) Regulations may modify any provisions of this Part, in their application—
(a)to a trust scheme which applies to earners in employments under different employers,
(b)to a trust scheme of which there are no members who are in pensionable service under the scheme, or
(c)to any case where a partnership is the employer, or one of the employers, in relation to a trust scheme.
(2) Regulations may provide for[F1 some or all of the provisions of Articles 22[F2 to 26]], and Article 114 (so far as it applies to those Articles), not to apply in relation to a trust scheme falling within a prescribed class or description.
Para. (3) rep. by 2005 NI 1