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The Occupational Pension Schemes (Miscellaneous Amendments) Regulations 2005
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- UK Statutory Instruments
- 2005 No. 2113
- Regulation 8
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Insertion of the definition of “segregated scheme”
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8.—(1) In each of the provisions specified in paragraph (2), in the appropriate alphabetical place, insert—
““segregated scheme” means a multi-employer scheme which is divided into two or more sections where—
(a)
any contributions payable to the scheme by an employer in relation to the scheme or by a member are allocated to that employer’s or that member’s section; and
(b)
a specified proportion of the assets of the scheme is attributable to each section of the scheme and cannot be used for the purposes of any other section;”.
(2) The specified provisions are—
(a)paragraph (2) of regulation 1 of the Compensation Regulations;
(b)paragraph (1) of regulation 2 of the Provision of Information Regulations;
(c)paragraph (2) of regulation 1 of the Review and Reconsideration Regulations; and
(d)paragraph (2) of regulation 1 of the Valuation Regulations.
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