[97B Designation of funded public service defined benefits schemes: Scotland]
Pension Schemes Act 1993 (1993 c 48) | Legislation

[97B  Designation of funded public service defined benefits schemes: Scotland]

[(1)     This section applies to a funded public service defined benefits scheme that is—

(a)     a scheme established by, or with the approval of, the Scottish Ministers;

(b)     a scheme established by virtue of section 81(4)(b) of the Scotland Act 1998.

A scheme to which this section applies is referred to below as an “eligible scheme”.

(2)     The relevant person may designate an eligible scheme as a scheme to which regulations under section 97C are to apply for a specified period of no more than 2 years.

(3)     The power under subsection (2) may be exercised only if the relevant person considers that—

(a)     there is an increased likelihood of payments out of public

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