Regulation 12 Amendment of the Employer Debt Regulations

In regulation 10 of the Employer Debt Regulations (money purchase schemes: fraud and levy deficiencies etc)—

(a)

in paragraph (2) after “general levy” insert “ or fraud compensation levy ”;

(b)

in paragraph (4)—

(i)

for “In this section” substitute “ In this regulation ”;

(ii)

insert in the appropriate alphabetical place—

““the fraud compensation levy” means the levy imposed in accordance with section 189 of the 2004 Act;”.