The Pension Protection Fund (Entry Rules) (Amendment) Regulations (Northern Ireland) 2008

Amendment of the Pension Protection Fund (Entry Rules) Regulations

2.  In regulation 3 of the Pension Protection Fund (Entry Rules) Regulations (Northern Ireland) 2005(1) (schemes which cease to be eligible schemes)—

(a) in paragraph (1)—

(i) at the end of sub-paragraph (a) omit “or”;

(ii) at the end of sub-paragraph (b) insert—

“or

(c) the employer in relation to the scheme, or the last remaining employer in relation to a multi-employer scheme, is dissolved,”;

(b) after paragraph (2) add—

“(3) In its application to a segregated scheme, paragraph (1) shall have effect as if each section of the scheme were a separate scheme.”.

(1)

S.R. 2005 No. 126; regulation 3 was amended by regulation 21(4) of S.R. 2006 No. 155