Textual Amendments
F1Pt. 6 substituted (1.8.2005) by The Occupational Pension Schemes (Miscellaneous Amendments) Regulations 2005 (S.I. 2005/2113), regs. 1(2), 10(4)
66. Section 132 of the Act (assessment periods) shall be modified in its application to a scheme to which regulation 61 applies so that it shall be read as if—
(a)in subsection (2)—
(i)for the words “in relation to an eligible scheme”, there were substituted the words “in relation to a non-segregated scheme which is, for the purposes of this Part, an eligible scheme”;
(ii)for the words “the employer,”, there were substituted the words “an employer in relation to the scheme”; and
(iii)after the words “an assessment period”, there were inserted the words “in relation to the scheme”;
(b)in subsection (4), for the words “in relation to an eligible scheme, an application is made under section 129(1) or a notification is received under section 129(5)(a), an assessment period”, there were substituted the words “in relation to a non-segregated scheme which is, for the purposes of this Part, an eligible scheme, an application is made under section 129(1)(a) or (b) or a notification is received under section 129(4)(b), an assessment period in relation to the scheme”; and
(c)in subsection (5), for the words “section 129(5)(a)”, there were substituted the words “section 129(4)(b)”.]