5 Amendments to regulation 6A
1 Regulation 6A (employment-cessation events: periods of grace) is amended as follows.
Regulation 6A was inserted by S.I. 2008/731 and amended by S.I. 2011/2973.
2 In paragraph (1)—
(a) for “2 months” substitute “3 months”;
(b) in sub-paragraph (a), after “scheme” insert “or enters into a deferred debt arrangement”;
(c) for sub-paragraph (b) substitute—

“(b) if at any time during the period of grace A—
(i) no longer intends to employ any person who will be an active member of the scheme; or
(ii) does not intend to enter into a deferred debt arrangement by the last day of the period of grace,
A must notify the trustees or managers of the scheme and A must be treated as if the period of grace had not applied;”

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3 In paragraph (2), after “these Regulations” insert “and regulation 16 of the FSD Regulations (multi-employer schemes)”.