{
  "url": "https://openlegislation.uk/pension-protection-fund-compensation-regulations-2005/regulation-15A",
  "json_url": "https://openlegislation.uk/pension-protection-fund-compensation-regulations-2005/regulation-15A.json",
  "legislation": "uksi/2005/670",
  "legislation_title": "The Pension Protection Fund (Compensation) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/pension-protection-fund-compensation-regulations-2005",
  "path": "regulation/15A",
  "kind": "regulation",
  "number": "15A",
  "heading": "Modification of Schedule 7 for schemes with no revaluation",
  "text": "(1) Where, immediately before the assessment date, the admissible rules of the scheme do not provide for any revaluation of the benefits payable to or in respect of any member, Schedule 7 to the Act is modified in its application to that scheme in accordance with this regulation.\n(2) Paragraph 11 (active members who have not attained normal pension age at assessment date: periodic compensation) applies to that scheme as if for sub-paragraph (4), there were substituted—\n“(4) In sub-paragraph (3) “the protected notional pension” means the accrued amount.”.\n(3) Paragraph 14 (active members who have not attained normal pension age at assessment date: lump sum compensation) applies to that scheme as if—\n(a) for sub-paragraph (4), there were substituted—\n“(4) In sub-paragraph (3) “the protected amount” means the accrued amount.”; and\n(b) sub-paragraph (8) were omitted.\n(4) Paragraph 15 (deferred members who have not attained normal pension age at assessment date: periodic compensation) applies to that scheme as if for sub-paragraph (4), there were substituted—\n“(4) In sub-paragraph (3) “the protected pension rate” means the accrued amount.”.\n(5) Paragraph 19 (deferred members who have not attained normal pension age at assessment date: lump sum compensation) applies to that scheme as if—\n(a) for sub-paragraph (4), there were substituted—\n“(4) In sub-paragraph (3) “the protected amount” means the accrued amount.”; and\n(b) sub-paragraph (6) were omitted.\n(6) Schedule 7 applies to that scheme as if paragraphs 12, 16, 17 and 21(2)(b) and (f) were omitted.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 15A and cross-heading inserted (1.4.2009) by Pension Protection Fund (Miscellaneous Amendments) Regulations 2009 (S.I. 2009/451), regs. 1, 3(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/670/regulation/15A",
    "retrieved_at": "2026-10-29T05:04:17.207561+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}