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Amendment of the Pensions Regulator (Contribution Notices and Restoration Orders) Regulations 2005
This section has no associated Explanatory Memorandum
24. In regulation 3 (prescribed schemes) of the Pensions Regulator (Contribution Notices and Restoration Orders) Regulations 2005()—
(a)that regulation becomes paragraph (1) of regulation 3;
(b)in sub-paragraph (g)(ii) of that paragraph, for “is not contracted-out” substitute “was not contracted-out at any time before the second abolition date”; and
(c)after paragraph (1) insert—
“(2) 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.”.
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