# The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022, Paragraph 9


(1) A “collective money purchase scheme” for the purposes of Part 1 of the Act (collective money purchase benefits) includes a scheme or section of a scheme during the winding-up period where the scheme or section was a collective money purchase scheme immediately before the winding-up commencement time.
(2) Sub-paragraph (1) applies irrespective of the fact that in accordance with the requirements of this Schedule the scheme or section has, during the winding-up period—
(a) ceased to make payments of benefits including payments of pension under the scheme; and
(b) commenced payments of periodic income under paragraph 7(1).

---
Source: https://www.legislation.gov.uk/ukdsi/2022/9780348231182/schedule/6/paragraph/9 (the official version)
Page: https://openlegislation.uk/draft-occupational-pension-schemes-collective-money-purchase-schemes-regulations-2022/schedule-6/paragraph-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

