Admission Body. Where the Admission Body is exercising the functions of a Scheme employer in connection with more than one contract there needs to be a separate admission agreement for each contract. However, there is no need under the Regulations for the admission agreement to be treated as terminating on expiry of the original contract where that contract is renewed or extended and the terms of the admission agreement are otherwise still appropriate. The optional drafting here requires the written agreement of the Administering Authority in order to provide control over the extension of the admission agreement upon contract renewal / extension, and also to ensure that there is appropriate evidence of the decision to extend beyond the term of the original contract.
Admission Body. Only applicable for a paragraph 1(d)(i)
Admission Body. The Administering Authority may wish to define this term or simply rely on the undefined term in the Regulations.
Admission Body. Only applicable for a paragraph 1(d) Admission Body. 15 Only applicable where the Admission Agreement is, or may be, entered into after the Commencement Date.
Admission Body. See also optional drafting in definition of “Contract” which allows the admission agreement to be extended without automatic termination where the original services contract is extended or renewed.
Admission Body. Modify appropriately where admission is under paragraph 1(d)(ii) or (iii). Consider joining principal contractor to the Admission Agreement and incorporating a right to set-off in the Contract.
Admission Body. Agreed Contribution Rate Phrase/Word Meaning
Admission Body the Admission Body pays the sum required under regulation 68(3) of the 2013 Regulations to the Administering Authority for credit to the Fund.
Admission Body. Optional drafting, for inclusion either where the Administering Authority wishes as a matter of policy to provide parity of treatment for both exit deficits and surpluses, or where specifically requested by an Admission Body and agreed by the Administering Authority. The provision creates a freestanding contractual obligation to pay a return of surplus to the Admission Body on exit in a case where the statutory obligation to do so does not arise for some reason.
Admission Body. 30 Only applicable where the Admission Agreement is, or may be, entered into after the Commencement Date.
