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Regulation 6 Circumstances in which a CEP ceases to be payable by the Board of the Pension Protection Fund - Great Britain

Original text. Later amendments are not shown.

(1)

For the purposes of section 56(8)(b) of the 1993 Act (provisions supplementary to s. 55), the prescribed requirement where a CEP in respect of an earner ceases to be payable is that the earner is entitled to compensation under Schedule 7 to the 2004 Act (pension compensation provisions).

(2)

But paragraph (1) does not apply where the earner’s entitlement to compensation is under paragraph 20 of Schedule 7 to the 2004 Act (compensation in respect of scheme right to transfer payment or contribution refund).