Amendment of the Pension Protection Fund (Tax) Regulations 20066.
For regulation 6(3) substitute—
“(3)
An arrangement is specified for the purposes of this paragraph if—
(a)
in relation to an individual falling within paragraph (2)(a) or (b), it is an arrangement under which the individual receives (or, as the case may be, expects to receive)—
(i)
compensation paid under Schedule 7 to the Pensions Act9 or, as the case may be, Schedule 5 to PA 2008 (pension compensation provisions), or(ii)
compensation paid under Schedule 6 to the Pensions Order10 or, as the case may be, Schedule 4 to P(No. 2)A(NI) 2008 (pension compensation provisions), or(b)
in relation to an individual falling within paragraph (2)(c), it is an arrangement under which the individual receives a PPF money purchase lump sum.”.