Section 142W(2)

The regulations may make provision enabling the trustees or managers of a relevant pension scheme in respect of which the employer or one of the employers is a ring-fenced body— to transfer to another relevant pension scheme all or part of the pension liabilities arising in connection with persons' service before the specified date together with all or part of the assets of the scheme, or to divide the scheme into two or more sections in relation to which prescribed conditions are met.

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Source: legislation.gov.uk · retrieved 2026-09-04