SCHEDULES
E1 SCHEDULE 3 Amendments consequential on Part I
Annotations:
Extent Information
The Insolvency Act 1986 (c.45)
I115
In section 310 of the Insolvency Act 1986 (income payments orders)—
a
in subsection (2), after “income of the bankrupt” there is inserted “
when taken together with any payments to which subsection (8) applies
”
, and
b
at the end of subsection (7), there is added—
and any payment under a pension scheme but excluding any payment to which subsection (8) applies.
8
This subsection applies to—
a
payments by way of guaranteed minimum pension; and
b
payments giving effect to the bankrupt’s protected rights as a member of a pension scheme.
9
In this section, “guaranteed minimum pension” and “protected rights” have the same meaning as in the Pension Schemes Act 1993.
The amendment by this Act of an enactment which extends to Northern Ireland extends also to Northern Ireland see s.178(1)(2)(3).