Closure of sections of schemes22
After paragraph 25 of Schedule 2 insert—
Closure of sections of schemes25A
1
The closure of any section of a scheme, from a particular date, to workers who have not already joined it.
2
For the purposes of paragraph (1)—
a
a scheme may be divided into two or more sections, and
b
a section of a scheme shall mean any of the groups in sub-paragraph (3).
3
A section of a scheme shall mean any of the following—
a
any group of members who became eligible to join, or who joined, the scheme on, after or before a particular date on the basis that particular benefits will be provided to or in respect of those members or that a particular level of contributions will be paid in respect of those members; or
b
any group of members who became eligible to join, or who joined, the scheme as a result of a block transfer or relevant transfer.