# The Personal and Occupational Pension Schemes (Consequential Provisions) Regulations 1987, Regulation 3: Amendments of the Occupational Pensions Board (Determinations and Review Procedure) Regulations 1976


(1) The Occupational Pensions Board (Determinations and Review Procedure) Regulations 1976 shall be amended in accordance with the provisions of this regulation.
(2) In regulation 1(2), after the definition of “employer”, there shall be inserted the following definition—
““money purchase contracted-out scheme” has the same meaning as in the Social Security Pensions Act 1975”.
(3) In regulation 4(2)—
(a) in each of sub-paragraphs (a) and (b), after “where” there shall be inserted “the scheme is not a money purchase contracted-out scheme, and”; and
(b) after sub-paragraph (b) there shall be added “or” and the following sub-paragraph—
“(c) in a case where the scheme is a money purchase contracted-out scheme, and the Board consider that the scheme has ceased to satisfy the requirements for continuing to be a contracted-out scheme, in which case the date may be a date not earlier than the date on which, in the opinion of the Board, it ceased to satisfy those requirements.”.

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Source: https://www.legislation.gov.uk/uksi/1987/1114/regulation/3 (the official version)
Page: https://openlegislation.uk/personal-and-occupational-pension-schemes-consequential-provisions-regulations-1987/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

