Regulation 8 Prohibition and restriction of the discharge of liability to provide pensions under a relevant scheme
The trustees of a relevant scheme are prohibited or restricted from discharging any liability to provide pensions under a relevant scheme except—
in the circumstances and on the conditions prescribed in this Part; or
where the requirements imposed by the Occupational Pension Schemes (Winding Up) Regulations 1996M1F1, regulations 45 or 46 (as they had effect at the time of approval of arrangements for the scheme ceasing to be contracted-out) of the Occupational Pension Schemes (Contracting-out) Regulations 1996, or regulations 6, 17 or 20 of the Occupational Pension Schemes (Schemes that were Contracted-out) (No.2) Regulations 2015 apply.
Annotations
Textual amendments
- F1
Words in reg. 8(b) substituted (6.4.2016) by The Pensions Act 2014 (Abolition of Contracting-out for Salary Related Pension Schemes) (Consequential Amendments and Savings) Order 2016 (S.I. 2016/200), arts. 1(2), 12(3)
Marginal citations
- M1