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Regulation 4 Prescribed events

An event prescribed for the purposes of section 43(3)(c) (financial support directions – content of direction) is—

(a)

any event specified in any sub-paragraph of regulation 2(2) of the Pensions Regulator (Notifiable Events) Regulations 2005 M1 (employer-related notifiable events) which occurs in respect of any party named in arrangements approved in a notice issued under section 45(1) (meaning of “financial support”);

(b)

any insolvency event, as defined in section 121(2) to (5) (insolvency events) as the case may be, in relation to any person named in a financial support direction;

(c)

any failure to abide by, or any alteration to, an arrangement falling within section 45(2) (meaning of “financial support” – arrangements) and approved by the Regulator in a notice issued under section 45(1).

Annotations

Marginal citations

M1

S.I. 2005/900.