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The Pension Protection Fund and Occupational Pension Schemes (Miscellaneous Amendments) Regulations 2010

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Amendment of the Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations 2005

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6.—(1) The Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations 2005(1) are amended in accordance with this regulation.

(2) In regulation 5 (applications for fraud compensation payments)—

(a)at the beginning of paragraph (5)(b) insert “except where paragraph (6) applies,”, and

(b)after paragraph (5) insert—

(6) This paragraph applies to a scheme to which regulation 2A of the Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations 2005 (schemes to which paragraph (1) of regulation 2 does not apply) applies..

(3) In regulation 7 (amount of fraud compensation)—

(a)at the beginning of paragraph (5)(b) insert “except where paragraph (6) applies,”, and

(b)after paragraph (5) insert—

(6) This paragraph applies to a scheme to which regulation 2A of the Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations 2005 (schemes to which paragraph (1) of regulation 2 does not apply) applies..

(4) In regulation 11 (partially guaranteed schemes), at the beginning of paragraph (1) insert

Except where a partially guaranteed scheme is a scheme to which regulation 2A of the Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations 2005 (schemes to which paragraph (1) of regulation 2 does not apply) applies,.

(1)

S.I. 2005/2184, to which there are amendments not relevant to these Regulations.

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