{
  "url": "https://openlegislation.uk/automatic-enrolment-miscellaneous-amendments-regulations-2012/regulation-37",
  "json_url": "https://openlegislation.uk/automatic-enrolment-miscellaneous-amendments-regulations-2012/regulation-37.json",
  "legislation": "uksi/2012/215",
  "legislation_title": "The Automatic Enrolment (Miscellaneous Amendments) Regulations 2012",
  "legislation_url": "https://openlegislation.uk/automatic-enrolment-miscellaneous-amendments-regulations-2012",
  "path": "regulation/37",
  "kind": "regulation",
  "number": "37",
  "heading": "Amendment of regulation 43",
  "text": "In regulation 43 (modification allowing different quality requirements to be satisfied in aggregate)—\n(a) in paragraph (1) for “Paragraphs (2) to (5)” substitute “Paragraphs (2) to (4)”;\n(b) for paragraph (3)(b) substitute—\n“(b) all of the paragraph (b) quality requirements are met apart from the relevant benefit requirement (“requirement Y”); and”;\n(c) for paragraph (4)(b) substitute—\n“(b) the extent to which requirement Y is met as a proportion of—\n(i) where the requirement in subsection (4) of section 23 of the Act applies, the annual rate of pension specified in that subsection; or\n(ii) where a requirement in paragraph (4), (6) or (7) of regulation 39A applies, the sum of money to be made available for the provision of benefits as specified in the relevant paragraph.”; and\n(d) for paragraphs (5) and (6) substitute—\n“(5) Where paragraphs (2) to (4) have effect in relation to a hybrid scheme of the relevant description, regulation 39 is to be read as if, for paragraph (5), there were substituted—\n“(5) A scheme actuary or employer may not certify that a scheme satisfies the test scheme standard if the aggregate percentage referred to in regulation 43(3)(c) is less than 100 in relation to more than 10% of relevant members.”.\n(6) In this regulation, “the relevant benefit requirement” means—\n(a) the requirements in subsection (4) of section 23 of the Act where that subsection applies; or\n(b) one of the requirements specified in regulation 39A where that regulation applies.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2012/215/regulation/37",
    "retrieved_at": "2026-10-29T01:43:25.567607+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}