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Regulation 14G Obligations of accepted employerF1

(1)

An accepted employer—

(a)

must provide the Secretary of State with a guarantee if requested by the Secretary of State;

(b)

must give written notice to the Secretary of State immediately if any of the events in sub-paragraphs (c) to (g) of regulation 14H(2) occurs.

(2)

In this regulation and regulation 14H “guarantee” means a bond, guarantee or indemnity in a form and amount, and provided by a person, approved by the Secretary of State in respect of sums due, under these Regulations and TSAVCR 1994, from the accepted employer.

Annotations

Textual amendments

F1

Regs. 14A-14H inserted (1.4.2014) by The Teachers’ Pensions (Amendment) Regulations 2014 (S.I. 2014/424), regs. 1, 5