OpenLegislation

Paragraph 8 F1

(1)

This paragraph applies in the case of a scheme under which variations to the rate of contributions payable towards the scheme by the employer are subject, either in particular cases or generally, to the consent of—

(a)

the Secretary of State for Defence;

(b)

a person duly authorised by him, or

(c)

a company of which the Secretary of State for Defence or a nominee of his is a shareholder, or a subsidiary (within the meaning of section 736 of the Companies Act 1985 M1) of such a company.

(2)

Where this paragraph applies, sections 224(7) and 229 of the 2004 Act shall apply as if references to the employer were both to the employer and the Secretary of State for Defence or, in a case where the consent of a company is required, both to the employer and that company.

Annotations

Textual amendments

F1

Sch. 2 paras. 3B-3D inserted (6.4.2018) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2018 (S.I. 2018/237), regs. 1(2), 12(2)

Marginal citations

M1

1985 c. 6; section 736 was substituted by section 144(1) of the Companies Act 1989 (c. 40).