Regulation 14H Termination and resumption of accepted employer statusF1

(1)

An employer (E) ceases to be an accepted employer on the date specified in a written notice given by the Secretary of State under this paragraph.

(2)

A notice under paragraph (1) may be given when—

(a)

E fails to comply with any provision of these Regulations or TSAVCR 1994;

(b)

the Secretary of State considers that a guarantee provided under sub-paragraph (a) of regulation 14G is insufficient because—

(i)

the guarantee lapses; or

(ii)

there is a change in circumstances;

(c)

a proposal for a voluntary arrangement has been made or approved in relation to E under Part 1 of IA 1986;

(d)

an administration application has been made, a notice of intention to appoint an administrator has been filed with the court, or an administrator has been appointed for E under Schedule B1 to IA 1986;

(e)

a receiver, manager or administrative receiver has been appointed for E under Part 3 of IA 1986;

(f)

a winding-up petition has been presented, a winding-up order has been made, or a resolution for voluntary winding-up has been passed in relation to E under Part 4 or 5 of IA 1986; or

(g)

notice has been received that E may be struck off the register of companies or an application to strike E off has been made under Part 31 of CA 2006.

(3)

The Secretary of State may by further written notice to E determine that E resumes accepted employer status with effect from a future date stated in the notice.

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