Paragraph 3 Events for payment of amount BF1
The events where amount B must be paid are—
the scheme commences winding-up;
a relevant event occurs in relation to the last remaining employer in relation to the scheme (where the last remaining employer is the only employer remaining who has not had a relevant event);
in the case of an approved withdrawal arrangement, the Authority issue a notice to the parties to the arrangement stating that they consider that amount B (or the balance remaining) should be paid; or
the occurrence of the date on which the guarantors have agreed to pay and the trustees or managers have agreed to receive payment of amount B.
Annotations
Textual amendments
- F1
Sch. 1A substituted (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2008 (S.I. 2008/731), regs. 2(1), 14, Sch. 2 (with reg. 2(3)-(8))