C1Part 1Pension scheme membership for jobholders

Annotations:
Modifications etc. (not altering text)
C1

Pt. 1 applied (with modifications) (temp. 1.7.2012 to 30.6.2020) by The Automatic Enrolment (Offshore Employment) Order 2012 (S.I. 2012/1388), art. 2 (with saving in art. 5)

Chapter 6Personal Accounts Delivery Authority

Winding up

86Winding up of the Authority

1

Section 23 of the Pensions Act 2007 (c. 22) (winding up of the Authority) is amended as follows.

2

For subsection (1) substitute—

1

The Secretary of State may by order provide for the winding up and dissolution of the Authority.

3

Subsections (2) to (4) are omitted.

4

In subsection (5)(a), after “Secretary of State” insert “ or any other person ”.

5

In subsection (7)—

a

the words after “ provision of ” become paragraph (a) of that subsection; and

b

at the end of that paragraph insert —

;

b

sections 79 to 85 of the Pensions Act 2008.