# The Occupational Pension Schemes (Master Trusts) Regulations 2018, Regulation 26: Application of Part 1 of the Pension Schemes Act 2017


(1) Part 1 of the Act does not apply to schemes which have all the following characteristics—
(a) on 20th October 2016, the scheme—
(i) was providing non-money purchase benefits (whether alone or in conjunction with other benefits), and
(ii) was used, or intended to be used, by two or more employers;
(b) membership of the scheme is limited to members, or former members, of a pension scheme established by statute for a specific occupational group, industry or profession;
(c) the scheme ceased to accept new members on a date which is not later than six months after the commencement date.
(2) In paragraph (1)(c), a “new member” includes a person who was formerly a member of the scheme by virtue of a relationship with a previous employer, except where that person’s employment contract was transferred to the person’s current employer as a result of a relevant transfer as defined in regulation 2 of the TUPE Regulations.

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Source: https://www.legislation.gov.uk/ukdsi/2018/9780111170533/regulation/26 (the official version)
Page: https://openlegislation.uk/draft-occupational-pension-schemes-master-trusts-regulations-2018/regulation-26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

