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8. For regulation 14(2) substitute—
“(2) In paragraph (1) a “qualifying individual” means—
(a)an individual who was a member of a scheme for which the Board of the Pension Protection Fund has assumed responsibility, or
(b)an individual who was a transferee entitled to a pension compensation credit referred to in section 111(1) of PA 2008 or section 89(1) of P(No. 2)A(NI) 2008 (creation of pension compensation debits and credits).”.
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