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Regulation 4 Amendment of the Occupational Pension Schemes (Discharge of Liability) Regulations 1985

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

The Occupational Pension Schemes (Discharge of Liability) Regulations 1985f1 shall be amended in accordance with the provisions of this regulation.

(2)

In regulation 4 of those Regulations the word “and” at the end of sub-paragraph (b)(iii) shall be omitted and at the end of paragraph (b) (but not as part of sub-paragraph (iii) of that paragraph) there shall be inserted “and in each case mentioned in sub-paragraphs (i) to (iii) that any increase of guaranteed minimum pension under section 37A results in a similar increase in the annuity; and”.

(3)

In regulation 5(b)(ii), after “12(4)(a)” there shall be inserted “(and the conditions specified in regulation 12 (4A)(c) to (f) are satisfied)”f2.

Annotations

Footnotes

f1

S.I. 1985/1929; the relevant amending instruments are S.I. 1986/2171, 1987/1106 and 1114.

f2

Paragraph (4A) was inserted by regulation 3(3) of S.I. 1987/1106.