Article 33 Appropriate schemes

(1)

The Personal Pension Schemes (Compensation) Regulations 1988 are amended as follows.

(2)

In regulation 2 (application of regulations)—

(a)

in paragraph (a)^f1 for “regulation 2(1)(a)” substitute “regulation 2(2)(a)”; and

(b)

in paragraph (d)^f2 for “regulation 2(1)(c)” substitute “regulation 2(2)(c)”.

(3)

In regulation 3 (requirements to be complied with by liable schemes in event of insolvency), in paragraph (1) and paragraph (3)^f3 for “regulation 2(1)” (in each place it appears) substitute “regulation 2(2)”.

Annotations

Footnotes

f1: Paragraph (a) was substituted by S.I. 2001/3649, article 394(1).
f2: Paragraph (d) was substituted by S.I. 2001/3649, article 394(4).
f3: Paragraphs (1) and (3) were was substituted by S.I. 2001/3649, article 395(4).