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There are outstanding changes not yet made by the legislation.gov.uk editorial team to The Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations (Northern Ireland) 2005. Any changes that have already been made by the team appear in the content and are referenced with annotations.
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4.—(1) Articles 111 (duty to assume responsibility for schemes following insolvency event) and 112 (duty to assume responsibility for schemes following application or notification) apply as if, in paragraph (2) of each Article –
(a)for “responsibility for the scheme” there were substituted “responsibility for the unsecured part”, and
(b)in sub-paragraph (a), after “protected liabilities” there were inserted “of that part”.
(2) Article 113 (applications and notifications for the purposes of Article 112) applies as if, in paragraph (1), for “responsibility for the scheme” there were substituted “responsibility for the unsecured part”.
Commencement Information
I1Reg. 4(1) in operation at 6.4.2005, see reg. 1(1)(b)
I2Reg. 4(2) in operation at 8.3.2005 for specified purposes, see reg. 1(1)(a)
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