# The Personal Pension Schemes (Compensation) Regulations 1988, Regulation 2: Application of Regulations


These Regulations apply to any scheme except a scheme which takes the form—
(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:
(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(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
(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.
and in these Regulations a scheme to which these Regulations apply is referred to as a “liable scheme”.

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Source: https://www.legislation.gov.uk/uksi/1988/2238/regulation/2 (the official version)
Page: https://openlegislation.uk/personal-pension-schemes-compensation-regulations-1988/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.