Search Legislation

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Section 3

 Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022, Section 3. Help about Changes to Legislation

Connected employersE+W+S

This section has no associated Explanatory Memorandum

3.—(1) For the purposes of section 49(2)(b) of the Act (interpretation of Part 1), an employer (“A”) is connected with another employer (“B”), and an employer which is a group undertaking of A is connected with an employer which is a group undertaking of B where A and B have separate legal identities but are structured so that the economic position of the shareholders of each is, as far as practicable, the same as if they held shares in a single company comprising the combined businesses of A and B.

(2) In paragraph (1) “group undertaking” has the meaning given in section 1161(5) of the Companies Act 2006 (meaning of “undertaking” and related expressions).

Commencement Information

I1Reg. 3 in force at 1.8.2022, see reg. 1(3)

Back to top

Options/Help