Revenue restrictions47

In Schedule 4–

a

in paragraph 1(1), for the definition of “continuity break” substitute–

  • “continuity break” is a change of employment from a Scheme employer (including an admission body) to–

    1. a

      a community admission body within–

      1. i

        regulation 4(2)(a)(ii); or

      2. ii

        regulation 4(2)(b) where, at the date that the admission agreement is made, the contributions paid to the body by any one or more Scheme employers equal in total 50% or less of the total amount it receives from all sources; or

    2. b

      a transferee admission,

    but does not include a change in the case of a person who was a member of the Scheme on 13th January 2000.

b

in the heading above paragraph (8), for “regulations 52 and 54” substitute “regulation 54”;

c

in paragraph (8)(1), omit “52 or”; and

d

in paragraph (8)(3), omit paragraph (a).