Pensions (Amendment) Act, 2002

Amendment of section 56 of Principal Act.

38.—Section 56 of the Principal Act is amended—

(a) by the insertion in subsection (3) after “scheme” of “or the business of a PRSA provider”;

(b) by the insertion in subsection (4)—

(i) after “of a particular scheme” of “or of the business of a particular PRSA provider”; and

(ii) after “trustees of the scheme” of “or to the PRSA provider”; and

(c) in subsection (6)—

(i) by the substitution in paragraph (a)(iii) of “1997, or” for “1997.”;

(ii) by the insertion after paragraph (a)(iii) of the following:

“(iv) to such extent as may be prescribed, a scheme the winding up of which has commenced.”;

(iii) by the substitution in paragraph (b)(iv) of “1997, or” for “1997.”; and

(iv) by the insertion after paragraph (b)(iv) of the following:

“(v) to such extent as may be prescribed, a scheme the winding up of which has commenced.”.