Pensions Act (Northern Ireland) 2015 No. 5

SCHEDULES

SCHEDULE 20 PENSION PROTECTION FUND: INCREASED COMPENSATION CAP FOR LONG SERVICE

PART 3 SCHEMES UNDERGOING ASSESSMENT OR WINDING UP ON THE COMMENCEMENT DATE

Meaning of “undergoing assessment”

16.  For the purposes of this Part of this Schedule an eligible scheme is “undergoing assessment” if an assessment period has begun in relation to the scheme but has not yet ended.