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20. In regulation 2 (schemes which are not eligible schemes) of the Pension Protection Fund (Entry Rules) Regulations 2005(1)—
(a)in paragraph (1)(g)(ii), for “is not contracted-out” substitute “was not contracted-out at any time before the second abolition date”; and
(b)in paragraph (8)(2)—
(i)before the definition of “PPF Ombudsman” insert—
““contracted-out” is to be construed in accordance with section 7B(2) (meaning of “contracted-out scheme” etc.) of the Pension Schemes Act 1993;”; and
(ii)after the definition of “PPF Ombudsman” insert—
““the second abolition date” has the meaning given in section 181(1) (general interpretation) of the Pension Schemes Act 1993;”.
Paragraph (8) was substituted by S.I. 2010/196.
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