Statutory Instruments
2008 No. 1810
Pensions
The Pension Protection Fund (Entry Rules) Amendment Regulations 2008
Made
7th July 2008
Laid before Parliament
11th July 2008
Coming into force
2nd August 2008
The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 126(3), 315(2) and 318(1) of the Pensions Act 2004( 1 ).
In accordance with section 317(1) of that Act, the Secretary of State has consulted such persons as he considers appropriate.
Citation and commencement
1. These Regulations may be cited as the Pension Protection Fund (Entry Rules) Amendment Regulations 2008 and shall come into force on 2nd August 2008.
Amendment of the Pension Protection Fund (Entry Rules) Regulations 2005
2. —(1)The Pension Protection Fund (Entry Rules) Regulations 2005( 2 ) are amended in accordance with this regulation.
(2) In regulation 3(1) (schemes which cease to be eligible schemes), at the end of sub-paragraph (b) insert—
“ or
(c) the employer in relation to the scheme, or the last remaining employer in relation to a multi-employer scheme, is dissolved, ” .
(3) After regulation 3(2), insert—
“ (3) In its application to a segregated scheme, paragraph (1) has effect as if each section of the scheme were a separate scheme. ” .
Signed by authority of the Secretary of State for Work and Pensions.
Mike O’Brien
Minister of State,
Department for Work and Pensions
7th July 2008
2004 c.35 . Section 318(1) is cited for the meaning it gives to “prescribed” and “regulations”.
S.I. 2005/590 . Relevant amending instrument is S.I. 2006/580 .