PART 2Amendments coming into operation on 6th April 2016
Amendment of the Pension Protection Fund (Entry Rules) Regulations21.
In regulation 2 of the Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 200557 (schemes which are not eligible schemes)—
(a)
in paragraph (1)(g)(ii) for “is not contracted-out” substitute “was not contracted-out at any time before the second abolition date”;
(b)
after paragraph (8)58 add—
“(9)
In this regulation—
“contracted-out” is to be construed in accordance with section 3B(2) of the Pension Schemes Act;
“the second abolition date” has the meaning given in section 176(1) of the Pension Schemes Act.”.