{
  "url": "https://openlegislation.uk/pension-protection-fund-contributions-equivalent-premium-regulations-2007/regulation-3",
  "json_url": "https://openlegislation.uk/pension-protection-fund-contributions-equivalent-premium-regulations-2007/regulation-3.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/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Liability to pay a CEP incurred during an assessment period",
  "text": "(1) For the purposes of section 135(4)(b)(ii) of the 2004 Act, a prescribed liability is a liability of the trustees or managers of the scheme to pay a CEP which is incurred during the assessment period.\n(2) A scheme incurs a liability to pay a CEP on, or after, the assessment date if, on that date or during the assessment period, the trustees or managers of the scheme elect to pay a CEP.",
  "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/3",
    "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."
}