Regulation 2 Amendment of the Pension Protection Fund (Entry Rules) Regulations 2005

(1)

The Pension Protection Fund (Entry Rules) Regulations 2005^f1 are amended in accordance with this regulation.

(2)

In regulation 3(1) (schemes which cease to be eligible schemes), at the end of sub-paragraph (b) insert—

“or

(c)
the employer in relation to the scheme, or the last remaining employer in relation to a multi-employer scheme, is dissolved,”.

(3)

After regulation 3(2), insert—

“(3)
In its application to a segregated scheme, paragraph (1) has effect as if each section of the scheme were a separate scheme.”.

Annotations