- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
27.—(1) Article 146 (the pension compensation provisions) shall be modified in its application to a multi-employer section of a segregated scheme to which paragraph (1) or (2) of regulation 14 applies so that paragraph (1) shall be read as if –
(a)for “in relation to a scheme” there were substituted “in relation to a multi-employer section of a segregated scheme”;
(b)in sub-paragraphs (a) and (b) after “members” there were inserted “of that section”;
(c)in sub-paragraph (c) after “payable” there were inserted “to or in respect of members of that section”; and
(d)in sub-paragraph (d) at the end there were added “payable to or in respect of members of that section”.
(2) Article 147 (adjustments to be made where the Board assumes responsibility for a scheme) shall be modified in its application to a multi-employer section of a segregated scheme to which paragraph (1) or (2) of regulation 14 applies so that it shall be read as if in paragraph (2)(a) after “to any member” there were inserted “of that section”.
(3) Article 150 (duty to pay scheme benefits unpaid at assessment date etc.) shall be modified in its application to a multi-employer section of a segregated scheme to which paragraph (1) or (2) of regulation 14 applies so that it shall be read as if in paragraph (1) for “assumes responsibility for a scheme” there were substituted “assumes responsibility for a multi-employer section of a segregated scheme”.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: