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PART 6 N.I.Deficiencies in the assets

Application to multi-employer schemesN.I.

18.  Where, by virtue of regulation 8 M1 (single employer sections, multi-employer sections, etc.), 14 M2 (schemes covering United Kingdom and foreign employment) or 15 M3 (schemes with partial government guarantee) of the Employer Debt Regulations, Article 75 of the 1995 Order (deficiencies in the assets) applied before the appointed day to a scheme in relation to which there is more than one employer as if a section or part of the scheme were a separate scheme (or would have so applied but for these Regulations)—

(a)this Part also so applies, and

(b)“employer” and “member” must be read accordingly.

Marginal Citations

M1Regulation 8 was substituted by regulation 9 of S.R. 2008 No. 132

M2Regulation 14 was amended by regulation 13 of S.R. 2010 No. 111

M3Regulation 15 was amended by regulation 14 of S.R. 2010 No. 111