{
  "url": "https://openlegislation.uk/draft-financial-assistance-scheme-miscellaneous-amendments-regulations-2008/regulation-13",
  "json_url": "https://openlegislation.uk/draft-financial-assistance-scheme-miscellaneous-amendments-regulations-2008/regulation-13.json",
  "legislation": "ukdsi/2008/9780110818788",
  "legislation_title": "The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008",
  "legislation_url": "https://openlegislation.uk/draft-financial-assistance-scheme-miscellaneous-amendments-regulations-2008",
  "path": "regulation/13",
  "kind": "regulation",
  "number": "13",
  "heading": "Amendment of Schedule 1",
  "text": "In Schedule 1 (modification of certain provisions of Parts 1 and 2 of the Act)—\n(a) after paragraph 3 insert—\n“3A. In section 134 (directions)—\n(a) in subsection (1), for “there is an assessment period in relation to an eligible scheme” substitute “an occupational pension scheme is a qualifying pension scheme under section 286(2) which has not been fully wound up”;\n(b) in subsection (2), for the words from the beginning to “is kept to a minimum” substitute “With a view to ensuring that any reduction in the scheme’s assets is kept to a minimum or that the assets of the scheme are invested in a way which, in the opinion of the scheme manager, is appropriate”;\n(c) in subsections (2) and (4), for “the Board”, substitute “the scheme manager”; and\n(d) in subsection (3), after paragraph (a)(i) insert—\n“(ia) a professional adviser to the scheme;\n(ib) any other person appearing to the scheme manager to be a person who carries out, or is likely to carry out, activities relevant to the use of the assets of the scheme;”.”;\n(b) for paragraph 6 substitute—\n“6. In section 191 (notices requiring provision of information to the Board)—\n(a) in subsection (1)(b), after “the Board’s” insert “or scheme manager’s”;\n(b) in subsection (2)—\n(i) before paragraph (a), insert—\n“(za) the scheme manager, in relation to the scheme manager’s functions,”;\n(ii) in paragraph (a), after “the Board,” insert “in relation to the Board’s functions,”; and\n(iii) in paragraph (b), after “the Board” insert “or scheme manager”; and\n(c) in subsection (3)—\n(i) omit “and” at the end of paragraph (d);\n(ii) after paragraph (d), insert—\n“(da) in the case of a wound up scheme, any insurance company (within the meaning of the Financial Assistance Scheme Regulations 2005) which is paying annuities to former members of the scheme, and”; and\n(iii) in paragraph (e)—\n(aa) after “the Board” insert “, scheme manager”; and\n(bb) after “the Board’s” insert “or scheme manager’s”.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2005/1986 as amended by S.I. 2005/3256, 2006/3370, 2007/3581 and 2008/1432."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2008/9780110818788/regulation/13",
    "retrieved_at": "2026-10-30T15:16:04.549064+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."
}