104 No payments to employers from non-complying schemes.N.I.
(1)No payment shall be made out of the resources of a qualifying scheme which is constituted by trust deed to or for a person who is or has been the employer of persons in the description or category of employment to which the scheme relates until such time as provision has been made by the scheme for every pension which commences or has commenced under it to be increased as mentioned in section 98(2)(b).
(2)Nothing in subsection (1) applies in relation to payments made to or for a person by virtue of his or any other person’s membership of the scheme in question.
Modifications etc. (not altering text)
C1S. 104 modified (28.3.1997) by S.R. 1997/192, art. 6(b) (with art. 9)