The Occupational Pension Schemes (Winding up etc.) Regulations 2005

has the meaning given by section 132 of the 2004 Act (assessment periods);

has the meaning given in section 73(5) of the 1995 Act;

has the meaning given in subsection (4) of section 307 of the Pensions Act 2004 (modification of that Act in relation to certain categories of schemes). 12B 1 ––(1) Paragraph (2) applies where a scheme which applies to members in employment in the United Kingdom and members in employment outside the United Kingdom is divided into two or more sections and the provisions of the scheme are such that–– a different sections of the scheme apply to members in employment in the United Kingdom and to members in employment outside the United Kingdom (“the United Kingdom section” and “the foreign section”);

means the Pensions Act 1995;

means the Welfare Reform and Pensions Act 1999;

means the Pensions Act 2004;

means–– a in the case of a scheme where–– i the trustees or managers determined (whether in pursuance of section 38 (power to defer winding up) or otherwise) that the scheme was not for the time being to be wound up, despite rules otherwise requiring it to be so;

includes both any person included by virtue of regulation 4(1)(a) of the Occupational Pension Schemes (Winding up etc.) Regulations 2005 and any person who is the employer apart from by virtue of that regulation.”

has the meaning given by subsection (2) of section 93A of the 1993 Act (salary-related schemes: right to statement of entitlement).

means the part of the scheme— (a) in relation to which the guarantee has been given;

has the same meaning as in Part 2 of the 2004 Act (see section 162 of that Act);

means the date by reference to which the cash equivalent is determined.”

means the order or provision mentioned in section 28(1) of the 1999 Act (activation of pension sharing) for the purposes of which the valuation is made.

means the proceedings for the dissolution or annulment of marriage in connection with which the order or provision mentioned in section 28(1) of the 1999 Act that resulted in entitlement to the pension credit in question was made.

has the meaning given in section 181(1) (general interpretation) of the Pension Schemes Act 1993.

means— a in a case where assets of the scheme at the crystallisation date are transferred from the scheme in consideration for the discharge, the value of those assets at that date;

means the date on which the winding up period began or, if the crystallisation date for the scheme for the purposes of regulation 4 of the Occupational Pension Schemes (Winding Up) Regulations 1996 (calculation of amounts of liabilities) is an earlier date, that date.

means sections 73 to 74 of the 1995 Act.”

means a restriction imposed by— a regulation 19, 20 or 60 of the Occupational Pension Schemes (Contracting-out) Regulations 1996 (lump sum benefits and salary related contracted-out schemes, trivial commutation of benefits derived from section 9(2B) rights and trivial commutation of guaranteed minimum pensions);