# Social Security Act 1990, Paragraph 10

Extent: E+W+S+N.I.

In section 52C of the Pensions Act (extinguishment of scheme’s liability for pensions appropriately secured by insurance policies or annuity contracts) in subsection (4) (meaning of “appropriately secured”) for paragraph (a) there shall be substituted—
“(a) the insurance company with which it is or was taken out or entered into—
(i) is, or was at the relevant time, carrying on ordinary long-term insurance business in the United Kingdom or any other member State; and
(ii) satisfies, or satisfied at the relevant time, prescribed requirements; and”.

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Source: https://www.legislation.gov.uk/ukpga/1990/27/schedule/4/paragraph/10 (the official version)
Page: https://openlegislation.uk/social-security-act-1990/schedule-4/paragraph-10
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.