{
  "url": "https://openlegislation.uk/pension-protection-fund-contributions-equivalent-premium-regulations-2007/regulation-2",
  "json_url": "https://openlegislation.uk/pension-protection-fund-contributions-equivalent-premium-regulations-2007/regulation-2.json",
  "legislation": "uksi/2007/834",
  "legislation_title": "The Pension Protection Fund (Contributions Equivalent Premium) Regulations 2007",
  "legislation_url": "https://openlegislation.uk/pension-protection-fund-contributions-equivalent-premium-regulations-2007",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Liability to pay a CEP incurred before an assessment period begins",
  "text": "(1) For the purposes of section 135(4)(b)(ii) of the 2004 Act (restrictions on winding up, discharge of liabilities etc), a prescribed liability is a liability of the trustees or managers of the scheme to pay a CEP which—\n(a) is incurred before the assessment date; and\n(b) has not been discharged before that date.\n(2) A scheme incurs a liability to pay a CEP before the assessment date if, before that date, the trustees or managers of the scheme were required, or elected, to pay a CEP and had not discharged that liability before the assessment date.\n(3) Where paragraph (1) applies, the trustees or managers of the scheme may discharge the prescribed liability to pay a CEP during the scheme’s assessment period.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2007/834/regulation/2",
    "retrieved_at": "2026-10-29T03:57:34.913434+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."
}