Admission Body. 2 Where the Admission Body is exercising the functions of a Scheme employer in connection with more than one contract there needs to be a separate admission agreement for each contract. However, there is no need under the Regulations for the admission agreement to be treated as terminating on expiry of the original contract where that contract is renewed or extended and the terms of the admission agreement are otherwise still appropriate. The optional drafting here requires the written agreement of the Administering Authority in order to provide control over the extension of the admission agreement upon contract renewal / extension, and also to ensure that there is appropriate evidence of the decision to extend beyond the term of the original contract.
Admission Body. 10 Only applicable for a paragraph 1(d)(i)
Admission Body. 11 The Administering Authority may wish to define this term or simply rely on the undefined term in the Regulations.
Admission Body. See also optional drafting in definition of “Contract” which allows the admission agreement to be extended without automatic termination where the original services contract is extended or renewed.
Admission Body. 14 Only applicable for a paragraph 1(d) Admission Body. 15 Only applicable where the Admission Agreement is, or may be, entered into after the Commencement Date. Administering Authority may incur in relation to this Agreement including the costs of any actuarial work commissioned by the Admission Body for the purposes of this Agreement or otherwise.
Admission Body. 5.4.2 The Admission Body must notify the Administering Authority [and the Scheme Employer] immediately in writing of any actual or proposed change in its status, including take-over, change of control, reconstruction, amalgamation, insolvency, winding up, liquidation or receivership or a material change to its business or constitution. In the event of any such actual or proposed change in its status, the Admission Body must not [designate any New Eligible Employees for membership of the Scheme or] make any representations to any Member or body regarding continued membership of the Scheme without the prior written consent of the Administering Authority.
Admission Body. Modify appropriately where admission is under paragraph 1(d)(ii) or (iii). Consider joining principal contractor to the Admission Agreement and incorporating a right to set-off in the Contract.
Admission Body. Agreed Contribution Rate means an admission body for the purposes of the LGPS Regulations; means 18% of Pensionable Pay 9 being the employer contribution rate calculated by the Administering Authority on the basis of the actuarial assumptions used in the most recent valuation of the Fund; Assigned Employee as defined in paragraph 8.1.1; 9 Note to Tenderers: The Agreed Contribution Rate will be discussed with Tenderers as part of the negotiations in the Negotiation Period. Phrase/Word Meaning Cessation Date means any date on which the Concessionaire or the relevant Sub-Concessionaire ceases to be an Admission Body other than as a result of the termination of this Contract or because it ceases to employ any Eligible Employees;
Admission Body. 14 Only applicable for a paragraph 1(d) Admission Body. 15 Only applicable where the Admission Agreement is, or may be, entered into after the Commencement Date.
Admission Body. 5.3.1.2 the Admission Body pays the sum required under regulation 68(3) of the 2013 Regulations to the Administering Authority for credit to the Fund.
