Paragraph 7

(1)

The Occupational Pension Schemes (Winding Up) Regulations 1996 M1 are amended as follows.

(2)

In regulation 12(3) (winding up of sectionalised schemes etc.)—

(a)

for “Schedule 5 to the MFR Regulations” substitute “ Schedule 2 to the Occupational Pension Schemes (Scheme Funding) Regulations 2005 ”, and

(b)

for “section 56” substitute “ Part 3 of the Pensions Act 2004 ”.

(3)

In regulation 13 (hybrid schemes), omit paragraphs (6) and (7).

Annotations

M1: S.I. 1996/3126, to which there are amendments not relevant to these Regulations.