# The Financial Assistance Scheme Regulations 2005, Regulation 10: Other schemes which are not qualifying pension schemes


The following are descriptions of schemes for the purposes of regulation 9(1)(a)—
(a) a public service pension scheme under the provisions of which there is no requirement for assets related to the intended rate or amount of benefit under the scheme to be set aside in advance (disregarding requirements relating to additional voluntary contributions);
(b) a scheme which is made under section 7 of the Superannuation Act 1972 or under Article 9 of the Superannuation (Northern Ireland) Order 1972 (superannuation of persons employed in local government service etc.) and provides pensions to persons employed in local government service;
(c) a scheme which is made under section 2 of the Parliamentary and Other Pensions Act 1987 (power to provide for pensions for Members of the House of Commons etc.);
(d) a scheme which is established under section 48 of the Northern Ireland Act 1998 (pensions of members), or which was established under Part 2 of the Ministerial Salaries and Members’ Pensions Act (Northern Ireland) 1965 or Article 3 of the Assembly Pensions (Northern Ireland) Order 1976;
(e) a scheme in respect of which a relevant public authority has given a guarantee or made any other arrangements for the purposes of securing that the assets of the scheme are sufficient to meet its liabilities;
(f) a scheme which provides relevant benefits within the meaning of section 612(1) of the ICTA but which is neither a tax approved scheme nor a relevant statutory scheme within the meaning of section 611A of that Act (definition of “relevant statutory scheme”);
(g) a scheme—
(i) which has been categorised before 18th April 2005, by the Commissioners of Inland Revenue, and on or after that date, by the Commissioners of HMRC, for the purposes of its approval as a centralised scheme for non-associated employers;
(ii) which is not contracted-out in accordance with section 9 of the 1993 Act; and
(iii) under the provisions of which the only benefits that may be provided on or after retirement (other than money purchase benefits derived from the payment of voluntary contributions by any person) are lump sum benefits which are not calculated by reference to a member’s salary;
(h) a scheme—
(i) the only benefits provided by which (other than money purchase benefits) are death benefits; and
(ii) under the provisions of which no member has accrued rights (other than rights to money purchase benefits);
(i) a scheme with such a superannuation fund as is mentioned in section 615(6) of the ICTA (exemption from tax in respect of certain pensions);
(j) a scheme which does not have its main place of administration registered in the United Kingdom;
(k) a scheme with fewer than two members;
(l) a scheme which is a small self-administered scheme for the purposes of the Retirement Benefits Schemes (Restriction on Discretion to Approve) (Small Self-administered Schemes) Regulations 1991 as in force on the day on which this regulation comes into force.

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Source: https://www.legislation.gov.uk/ukdsi/2005/0110729552/regulation/10 (the official version)
Page: https://openlegislation.uk/draft-financial-assistance-scheme-regulations-2005/regulation-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.