# The Occupational Pension Schemes (Levies) Regulations (Northern Ireland) 2005, Regulation 16: Partially guaranteed schemes

Extent: N.I.

(1) Subject to paragraph (1A), this regulation applies if a relevant public authority has –
(a) given a guarantee in relation to any part of a scheme, any benefits payable under the scheme or any member of the scheme; or
(b) made any other arrangements for the purposes of securing that the assets of the scheme are sufficient to meet any part of its liabilities.
(1A) This regulation does not apply where regulation 2A of the Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations (Northern Ireland) 2005 (schemes to which regulation 2(1) does not apply) applies.
(2) The provisions of these Regulations (apart from this regulation) apply as if the scheme did not include any part of the scheme –
(a) in relation to which the guarantee has been given;
(b) which relates to benefits payable under the scheme in relation to which the guarantee has been given; or
(c) which relates to benefits payable under the scheme in relation to the liabilities for which those other arrangements have been made.
(3) In this regulation “relevant public authority” has the meaning given in Article 280(4) of the 2005 Order.

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Source: https://www.legislation.gov.uk/nisr/2005/147/regulation/16 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-levies-regulations-northern-ireland-2005/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.