SCHEDULES

SCHEDULE 4Pension Protection Fund

Removal of restriction on transfer notices

I117

1

The Pensions Act 2004 is amended as follows.

2

In section 160(7) (transfer notice)—

a

for “172(1) and (2)” substitute “ 172(2) ”, and

b

omit “within first 12 months of assessment period or”.

3

Omit section 172(1) (no transfer notice within first 12 months of assessment period).