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The Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005

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Modification of section 286 of the Act

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76.  Section 286 of the Act (financial assistance for members of certain pension schemes) shall be modified in its application to a multi-employer scheme so that it shall be read as if, for paragraph (c) of the definition of “qualifying pension scheme” in subsection (2), there were substituted the following paragraph—

(c)one, some or all of the employers in relation to which satisfy such conditions as may be prescribed at such time as may be prescribed, and.

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