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The Pension Protection Fund (Entry Rules) Regulations 2005

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Withdrawal following issue of section 122(4) notice

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19.—(1) A notice issued by the Board under section 148(3) or (4) of the Act (withdrawal following issue of section 122(4) notice) shall be in writing and shall contain the following information—

(a)the name or type of notice issued;

(b)the date on which the notice is issued;

(c)the name, address and pension scheme registration number of the scheme in respect of which the notice is issued;

(d)the name of the employer in relation to the scheme in respect of which the notice is issued;

(e)if the notice is issued pursuant to a determination by the Board under section 148(3) of the Act, a statement of the Board’s determination and the date on which that determination was made;

(f)if the notice is issued by the Board under section 148(4) of the Act, a statement by the Board of the basis on which the notice is issued;

(g)the address for communications at which the Board may be contacted in connection with the issue of the notice;

(h)whether the issue of the notice by the Board is a reviewable matter and, if so, the time limit for applying for a review of or appeal against the issue of the notice;

(i)the date on which the notice issued will become binding; and

(j)whether the notice issued contains any restricted information and, if so, the nature of the restrictions.

(2) Where a notice issued by the Board under section 148(3) or (4) of the Act becomes binding, the notice which the Board must issue to this effect under section 148(7) of the Act shall be in writing and shall contain the following information—

(a)the information described in paragraph (1)(a) to (g) of this regulation;

(b)the date on which the withdrawal notice referred to in paragraph (1) of this regulation was issued;

(c)a statement that the withdrawal notice referred to in paragraph (1) of this regulation has become binding; and

(d)the date on which the Board ceases to be involved with the scheme in respect of which the binding notice is issued.

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