- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (a wnaed Fel)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format.
4.—(1) Regulation 2 of the 2005 Regulations (interpretation)(1) is amended as follows.
(2) In paragraph (1)—
(a)omit the definitions of “PPF” and “statutory funding objective”,
(b)after the definition of “the Board for Actuarial Standards”, insert—
““the Board of the PPF” means the Board of the Pension Protection Fund(2);”,
(c)after the definition of “the corresponding assets”, insert—
““defined benefits”, in relation to a member of an occupational pension scheme, means benefits which are not money purchase benefits (but the rate or amount of which is calculated by reference to earnings or service of the member or any other factor other than an amount available for their provision);”,
(d)for the definition of “employment-cessation event”, substitute—
““employment-cessation event” has the meaning given in regulation 6ZA;”,
(e)after the definition of “the Taxes Act”, insert—
““technical provisions” has the meaning given by section 222(2) of the 2004 Act;”,
(f)omit the definition of “updated actuarial assessment”, and
(g)after the definition of “updated asset assessment”, insert—
““updated liabilities assessment” means the actuary’s assessment of any changes in the liabilities of the scheme in respect of pensions and other benefits between—
the effective date of the actuary’s estimate of the solvency of the scheme (as defined in regulation 7(6) of the Scheme Funding Regulations) included in the most recent actuarial valuation of the scheme received by the trustees or managers—
under section 224 of the 2004 Act (actuarial valuations and reports); or
where the trustees or managers have not received an actuarial valuation under section 224, which the actuary thinks it is appropriate to use, and
the applicable time;”.
(3) After paragraph (3), insert—
“(3A) For the purposes of a restructuring within regulations 6ZB or 6ZC—
“exiting employer” means an employer—
in relation to a multi-employer scheme,
who employs at least one active member of the scheme in respect of whom defined benefits are accruing, and
in respect of whom a relevant event has not occurred; and
“receiving employer” means an employer who, on the date on which there is a restructuring within regulation 6ZB or 6ZC, is—
an employer in relation to the same multi-employer scheme as the exiting employer,
either—
employing at least one active member of the scheme in respect of whom defined benefits are accruing, and
an employer in respect of whom a relevant event has not occurred.”.
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Mae Memoranda Esboniadol yn nodi datganiad byr o ddiben Offeryn Statudol ac yn rhoi gwybodaeth am ei amcan polisi a goblygiadau polisi. Maent yn ceisio gwneud yr Offeryn Statudol yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol, ac maent yn cyd-fynd ag unrhyw Offeryn Statudol neu Offeryn Statudol Drafft a gyflwynwyd ger bron y Senedd o Fehefin 2004 ymlaen.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys