Regulation 2 Amendment of the Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005

in sub-paragraphs (a) and (b), for “D or E” substitute “D, E or F”,

after sub-paragraph (a)(v), insert—

“(vi)

condition F is that a flexible apportionment arrangement has taken effect in accordance with regulation 6E of the Occupational Pension Schemes (Employer Debt) Regulations 2005 (flexible apportionment arrangements)^f2 where the employer was the leaving employer within the meaning given in paragraph (7) of that regulation;”, and

after sub-paragraph (b)(v), insert—

“(vi)

condition F is that a flexible apportionment arrangement has taken effect in accordance with regulation 6E of the Occupational Pension Schemes (Employer Debt) Regulations 2005 where the employer was the leaving employer within the meaning given in paragraph (7) of that regulation.”.