Examples of UK Pension Schemes in a sentence
In giving this opinion, we have not considered whether the transactions contemplated by the Documents including the issuance of the Debt Securities might constitute a criminal offence or otherwise attract criminal liability under the amendments made by the UK Pension Schemes Act 2021 to the UK Pensions Act 2004.
Please provide details of any UK Pension Schemes you have transferred to New Zealand or derived benefits from.
The Borrower shall ensure that no UK Group Member is or has been at any time an employer (for the purposes of sections 38 to 51 of the UK Pensions Act 2004) of an occupational pension scheme which is not a money purchase scheme (both terms as defined in the UK Pension Schemes Act 1993) or “connected” with or an “associate” of (as those terms are used in sections 38 or 43 of the UK Pensions Act 2004) such an employer.
Intact understands that the UK Pension Schemes are closed to the future accrual of benefits.
Each such Guarantee will terminate in very limited circumstances (broadly only if Intact takes over direct sponsorship of the UK Pension Schemes where buy-out funding might otherwise become payable, or on a change of control of RSA where a replacement guarantee or other compensation is agreed with the UK Pension Trustees).