# The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2010, Regulation 2: Amendment of the Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005


In regulation 1(3) of the Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005 (interpretation)—
(a) in sub-paragraphs (a) and (b), for “C or D” substitute “C, D or E”,
(b) after sub-paragraph (a)(iv), insert—
“(v) condition E is that—
(aa) there is a restructuring within regulation 6ZB or 6ZC of the Occupational Pension Schemes (Employer Debt) Regulations 2005 (employment-cessation events: exemptions);
(bb) in that restructuring, the employer was the exiting employer for the purposes of those Regulations (see the definition of “exiting employer” in regulation 2(3A) of those Regulations (interpretation)); and
(cc) regulation 6ZA(3) or (4) of those Regulations (employment-cessation events: general) does not apply in relation to that restructuring;”, and
(c) after sub-paragraph (b)(iv), insert—
“(v) condition E is that—
(aa) there is a restructuring within regulation 6ZB or 6ZC of the Occupational Pension Schemes (Employer Debt) Regulations 2005 (employment-cessation events: exemptions);
(bb) in that restructuring, the employer was the exiting employer for the purposes of those Regulations (see the definition of “exiting employer” in regulation 2(3A) of those Regulations (interpretation)); and
(cc) regulation 6ZA(3) or (4) of those Regulations (employment-cessation events: general) does not apply in relation to that restructuring.”.

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Source: https://www.legislation.gov.uk/uksi/2010/725/regulation/2 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-employer-debt-and-miscellaneous-amendments-regulations-2010/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.