Paragraph 20
Where an administering authority made an admission agreement under regulation B3 of the 1986 regulations at any time before 1st January 1994 with a body (“the employing body”) which immediately before that date was either—
specified in regulation B3(8)(c) or (d) of those regulations, or
deemed to be specified in regulation B3(8) of those regulations by virtue of regulation B4 of those regulations,
and immediately before the commencement date that agreement was treated as an admission agreement by virtue of regulation 2(2) of the Local Government Superannuation (Membership) Regulations 1993f1, it shall, subject to sub-paragraph (2), continue to be so treated.
Where—
immediately before 1st January 1994 the employing body was a company under the control of a body described in Part I of Schedule B1, and
that body ceases to be such a company,
then—
the admission agreement shall cease to have effect when the body so ceases, and
any employee of the employing body shall no longer be entitled to participate in the benefits of the pension fund maintained by the administering authority with whom the agreement was made (and accordingly shall no longer be an admission agreement employee).
Annotations
Footnotes
- f1