Paragraph 93 The Pension Protection Fund (Entry Rules) Regulations 2005I1

United Kingdom

(1)

The Pension Protection Fund (Entry Rules) Regulations 2005^f1 are amended as follows.

(2)

In regulation 1(3) (citation, commencement and interpretation)—

(a)

in the definition of “establishment”, before “has the meaning” insert “, except in regulation 5A,”; and

(b)

for the definition of “the Insolvency Regulation” substitute—

““the Insolvency Regulation” means Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings;”.

(3)

In regulation 5A (European insolvency event), for paragraph (5) substitute—

“(5)
In this regulation “insolvency proceedings”, “establishment” and “liquidator” each has the meaning given by Article 2 of Council Regulation (EC) No 1346/2000 of 29th May 2000 on insolvency proceedings.”.

Annotations

Commencement

I1: Sch. para. 93 in force at 26.6.2017, see reg. 1

Footnotes

f1: S.I. 2005/590; relevant amending instruments are S.I.s 2014/1664 and 2016/294.