PART 2Amendments coming into force on 6th April 2016

Amendment of the Occupational Pension Schemes (Winding up etc.) Regulations 200523

In regulation 3 (schemes to which section 73 of the 1995 Act does not apply) of the Occupational Pension Schemes (Winding up etc.) Regulations 200556—

a

in paragraph (1)(f)(ii), for “is not contracted-out” substitute “was not contracted-out at any time before the second abolition date”; and

b

at the end insert—

3

In this regulation—

  • “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

  • “the second abolition date” has the meaning given in section 181(1) (general interpretation) of the Pension Schemes Act 1993.