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The Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1994
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- UK Statutory Instruments
- 1994 No. 895
- Regulation 1
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Citation, commencement and interpretation
1.—(1) These Regulations may be cited as the Occupational Pension Schemes (Deficiency on Winding Up etc.) Regulations 1994.
(2) These Regulations come into force on 19th April 1994.
(3) These Regulations apply to every occupational pension scheme which is not a money purchase scheme.
(4) In these Regulations—
“the Act” means the Pension Schemes Act 1993;
“actuary” means—
(a)
a Fellow of the Institute of Actuaries,
(b)
a Fellow of the Faculty of Actuaries, or
(c)
a person with other actuarial qualifications who is approved by the Secretary of State as being a proper person to act for the purposes of section 144 of the Act.
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