# The Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005, Regulation 47: Eligible schemes


(1) Except as otherwise provided in this Part, for the purposes of Part 2 of the Act, except Chapter 4, as it applies in the case of a segregated part to which regulation 45 applies, references to “an eligible scheme” shall be read as if they were references to a segregated part of the scheme in circumstances where that segregated part, if it were a scheme, would not be—
(a) a money purchase scheme; or
(b) a scheme which is a prescribed scheme or a scheme of a prescribed description under section 126(1)(b) of the Act.
(2) Paragraph (1) above shall not apply for the purposes of sections 174 to 181 of the Act (the levies).

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Source: https://www.legislation.gov.uk/uksi/2005/441/regulation/47 (the official version)
Page: https://openlegislation.uk/pension-protection-fund-multi-employer-schemes-modification-regulations-2005/regulation-47
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.