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SCHEDULES

Prospective

SCHEDULE 20N.I.PENSION PROTECTION FUND: INCREASED COMPENSATION CAP FOR LONG SERVICE

PART 2 N.I.EFFECT OF CHANGE IN TRANSISTIONAL CASES

New cap does not generally affect old paymentsN.I.

9—(1) Nothing in this Schedule affects—N.I.

(a)periodic compensation for a person for periods before the commencement date, or

(b)lump sum compensation for a person who became entitled to the compensation before the commencement date.

(2) In this paragraph—

periodic compensation” means compensation within paragraph 26(4)(a), (b) or (d) of Schedule 6 to the 2005 Order,

lump sum compensation” means compensation within paragraph 26(4)(c) or (e) of that Schedule.