Version Superseded: 02/04/2010
Point in time view as at 19/12/2008. This version of this provision has been superseded.
There are currently no known outstanding effects for the The Financial Assistance Scheme Regulations 2005, Section 15A.
15A.—(1) A member or a former member of a qualifying pension scheme is a qualifying member of that scheme for the purposes of section 286A (restriction on purchase of annuities) where the conditions in paragraphs (2) and (3) are satisfied.
(2) The condition in this paragraph is that the member or former member has an accrued right to a benefit under the scheme.
(3) The condition in this paragraph is that the member or former member—
(a)was a member of the qualifying pension scheme immediately before the scheme began to wind up; or
(b)was not a member of the scheme at that time but became a pension credit member of the scheme on or after the day on which the scheme began to wind up.]
Textual Amendments
F1Reg. 15A inserted (19.12.2008) by The Pensions Act 2008 (Commencement No. 1 and Consequential Provision) Order 2008 (S.I. 2008/3241), art. 3, (1)
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