The Pension Protection Fund (Insolvent Partnerships) (Amendment of Insolvency Events) Order 2005 No. 2893

Amendment of section 121 of the Pensions Act 2004

2.  In subsection (4) of section 121 of the Pensions Act 2004 (insolvency event in relation to a partnership) for paragraph (e) substitute—

“(e) the partnership enters administration within the meaning of paragraph 1(2)(b) of Schedule B1 to that Act(1) (as applied by an order under section 420 of that Act(2)).”.

(1)

Schedule B1 to the Insolvency Act 1986 (c. 45) was inserted by section 248(2) of, and Schedule 16 to, the Enterprise Act 2002 (c. 40).

(2)

The order made under section 420 of the Insolvency Act 1986 is S.I. 2005/1516. Section 420 was amended by regulation 3(5) of S.I. 2002/1037.