Regulation 15 Provision of relevant scheme

(1)

This regulation applies where a protected employee changes his employer–

(a)

in the circumstances referred to in paragraph (5) of regulation 13; or

(b)

in any other circumstances not falling within paragraph (1) of regulation 13 or within regulation 14.

(2)

If the new employer participates in a relevant scheme, the new employer shall enable the protected employee to participate in that scheme and shall provide future pension rights for the protected employee in accordance with paragraph (4) of regulation 13.

(3)

If the new employer does not participate in a relevant scheme, the new employer shall so far as reasonably practicable provide an alternative scheme.

(4)

The future pension rights to be provided by any scheme required under this regulation shall be no worse than the transfer date rights of the Scheme in which the majority of the employees of any company in the same company group as the new employer participate or have participated.