Schedule 9: Independent System Operator and Planner: transfers Schedule 13: Governance of gas and electricity industry codes: pensions Protection against adverse treatment
This paragraph outlines the GEMA’s duty to ensure that qualifying members of affected pensions schemes are not adversely impacted in material terms in respect of their pension provisions as a result of these reforms. This paragraph also sets out that the GEMA’s power to amend qualifying pension schemes under this provision is subject to the prescribed consent requirements in those pension schemes.