Paragraph 23 Approval and Approval ApplicationsF1
England, Wales and Scotland
Those steps are to require the Independent Provider to—
increase the sum already guaranteed by the Independent Provider’s IP guarantee or guarantees where there is more than one;
provide one or more further IP guarantee guaranteeing payment of a sum equal to the amount of the increase in the potential contribution liability;
guarantee, by way of one or more IP guarantees, payment of a sum equal to the total potential contribution liability in respect of both the contract or contracts in respect of which the Independent Provider was originally granted employing authority status and the subsequent qualifying contract where the Independent Provider has not previously been required to provide one.
Annotations
Textual amendments
- F1
Sch. 2B inserted (1.4.2014) by The National Health Service Pension Scheme (Amendment) Regulations 2014 (S.I. 2014/570), regs. 1(2), 17 (with reg. 49)
Notes on Schedule 2B
Textual amendments
- F2
Word in Sch. 2B heading substituted (1.4.2015) by The National Health Service Pension Scheme, Injury Benefits and Additional Voluntary Contributions (Amendment) Regulations 2015 (S.I. 2015/96), regs. 1(2), 16