Schedule 9: Independent System Operator and Planner: transfers Schedule 13: Governance of gas and electricity industry codes: pensions Amendment of qualifying pension schemes
This paragraph enables the GEMA to make regulations to amend qualifying pension schemes in cases where staff will need to be transferred between organisations in preparation for the granting of a code manager licence. Examples of potential amendments include provision for the transfer of assets, rights, liabilities or obligations between relevant pension schemes. Under this paragraph, the GEMA is obliged to consult with appropriate parties. The making of these regulations is subject to the approval of the Secretary of State.