The Pension Protection Fund (General and Miscellaneous Amendments) Regulations 2006

Amendment of the Entry Rules Regulations E+W+S

21.—(1) The Entry Rules Regulations are amended in accordance with this regulation.

(2) In regulation 1(3) (interpretation), for the definition of “tax approved scheme” substitute—

““tax registered scheme” means a pension scheme which is registered under Chapter 2 of Part 4 of the Finance Act 2004 (registration of pension schemes).”.

(3) In regulation 2(1) (schemes which are not eligible schemes)—

(a) in sub-paragraph (f) M1 , for “tax approved scheme” substitute “ tax registered scheme ”;

(b) in sub-paragraph (n), after “Scheme;” insert “ and ”; and

(c) omit sub-paragraph (o).

(4) In regulation 3(1) (schemes which cease to be eligible schemes), for sub-paragraph (a) substitute—

“(a) the scheme has ceased to be a tax registered scheme; or”.

(5) In the Schedule (contents of accounts audited by the auditor of the scheme)—

(a) in paragraph 2(3)(a) M2 , omit “to which section 111 of the 1993 Act (voluntary contributions) applies”; and

F1 (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1 Reg. 21(5)(b) revoked (6.4.2007) by Pension Protection Fund (Miscellaneous Amendments) Regulations 2007 (S.I. 2007/782), regs. 1(1), 7(b)

Marginal Citations

M1 The words “but which is neither a tax approved scheme nor” were substituted by S.I. 2005/993.

M2 Paragraph 2 was amended by S.I. 2005/993.