{
  "url": "https://openlegislation.uk/personal-pension-schemes-compensation-regulations-1988/regulation-2",
  "json_url": "https://openlegislation.uk/personal-pension-schemes-compensation-regulations-1988/regulation-2.json",
  "legislation": "uksi/1988/2238",
  "legislation_title": "The Personal Pension Schemes (Compensation) Regulations 1988",
  "legislation_url": "https://openlegislation.uk/personal-pension-schemes-compensation-regulations-1988",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Application of Regulations",
  "text": "These Regulations apply to any scheme except a scheme which takes the form—\n(a) mentioned in regulation 2(2)(a) of the Appropriate Schemes Regulations (insurance policies and annuity contracts), being a scheme established by an authorised insurer who is subject to the provisions of, or participates in, the Financial Services Compensation Scheme:\n(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(c) mentioned in regulation 2(1)(b) of those Regulations (unit trust schemes), being a scheme of which the trustee and operator are both subject to the provisions of the Financial Services Compensation Scheme; and\n(d) mentioned in regulation 2(2)(c) of those Regulations (interest-bearing accounts etc. with banks and building societies) being a scheme which is established by an authorised deposit taker who is subject to the provisions of, or participates in, the Financial Services Compensation Scheme.\nand in these Regulations a scheme to which these Regulations apply is referred to as a “liable scheme”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 2(a) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 394(1)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in reg. 2(a) substituted (3.7.2002) by The Financial Services and Markets Act 2000 (Consequential Amendments) Order 2002 (S.I. 2002/1555), arts. 1, 33(2)(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Reg. 2(b) revoked (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 394(2)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in reg. 2(c) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 394(3)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Reg. 2(d) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 394(4)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in reg. 2(d) substituted (3.7.2002) by The Financial Services and Markets Act 2000 (Consequential Amendments) Order 2002 (S.I. 2002/1555), arts. 1, 33(2)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/2238/regulation/2",
    "retrieved_at": "2026-10-29T15:52:17.917663+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}