The Occupational Pension Schemes (Collective Money Purchase Schemes) (Modifications and Consequential and Miscellaneous Amendments) Regulations 2022

Amendment to the Occupational Pension Schemes (Scheme Funding) Regulations 2005

This section has no associated Explanatory Memorandum

9.  In the Occupational Pension Schemes (Scheme Funding) Regulations 2005(1), in regulation 17 (exemptions – general)(2), in paragraph (1)—

(a)in sub-paragraph (l), after “wound up” omit “or”;

(b)in sub-paragraph (m), for “.” substitute “, or”;

(c)after sub-paragraph (m) insert—

“(n)a scheme or a section of a scheme which is a collective money purchase scheme for the purposes of Part 1 of the Pension Schemes Act 2021.”.

(2)

Regulation 17 was amended by S.I. 2006/1733, S.I. 2007/814, S.I. 2009/192, 615 and 1906.