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Amendment of the Financial Assistance Scheme Regulations 2005
This section has no associated Explanatory Memorandum
25. In regulation 10 (other schemes which are not qualifying pension schemes) of the Financial Assistance Scheme Regulations 2005()—
(a)that regulation becomes paragraph (1) of regulation 10;
(b)in sub-paragraph (g)(ii) of that paragraph, for “is not contracted-out in accordance with section 9 of the 1993 Act” substitute “was not contracted-out at any time before the second abolition date”; and
(c)after paragraph (1) insert—
“(2) In this regulation—
“contracted-out” is to be construed in accordance with section 7B(2) (meaning of “contracted-out scheme” etc.) of the 1993 Act; and
“the second abolition date” has the meaning given in section 181(1) (general interpretation) of the 1993 Act.”.
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