Citation, commencement and interpretation1

1

This Order may be cited as the Pensions Act 2004 (PPF Payments and FAS Payments) (Consequential Provisions) Order 2006 and shall come into force on the day after the day on which it is made.

2

In this Order—

  • “FAS payments” means payments made under the Financial Assistance Scheme Regulations 20052;

  • “PPF payments” means any payments made in relation to a person—

    1. a

      under the pension compensation provisions as specified in section 162(2) of the Pensions Act 20043 or Article 146(2) of the Pensions (Northern Ireland) Order 20054 (the pension compensation provisions); or

    2. b

      under section 166 of the Pensions Act 2004 or Article 150 of the Pensions (Northern Ireland) Order 2005 (duty to pay scheme benefits unpaid at assessment date etc.).

Amendments of Acts2

The Schedule to this Order (which contains amendments of provisions of certain Acts relating to pensions and benefit payments and extends those provisions to take into account PPF payments and FAS payments) shall have effect.

Signed by authority of the Secretary of State for Work and Pensions.

Stephen TimmsMinister of State,Department for Work and Pensions