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SCHEDULES

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

PART 4N.I.INTERPRETATION AND POWER TO MAKE FURTHER TRANSISTIONAL PROVISION

Further transitional provisionN.I.

20  The inclusion of Parts 2 and 3 does not prevent transitional provision being made by order under section 53(5).N.I.

Commencement Information

I1Sch. 20 para. 20 in operation at 6.4.2017 by S.R. 2017/44, art. 5(b)

21—(1) In relation to a case involving multiple benefits, transitional provision made by order under section 53(5) may, in particular—N.I.

(a)disapply or modify any provision of this Schedule;

(b)make provision similar to any provision of this Schedule.

(2) For these purposes, “a case involving multiple benefits” means a case mentioned in paragraph 26(9) of Schedule 6 to the 2005 Order.

Commencement Information

I2Sch. 20 para. 21 in operation at 6.4.2017 by S.R. 2017/44, art. 5(b)

22—(1) Transitional provision made by order under section 53(5) may, in particular, make provision in relation to compensation payable under Chapter 1 of Part 3 of the Pensions (No. 2) Act (compensation sharing on divorce etc.) that is similar to any provision of Part 2 of this Schedule.N.I.

(2) Regulations under paragraph 18 of Schedule 4 to the Pensions (No. 2) Act which restrict an amount payable to a person in any period by reference to a modified version of the compensation cap in paragraph 26A of Schedule 6 to the 2005 Order (inserted by Part 1 of this Schedule) may also make provision similar to any provision of Part 3 of this Schedule.

Commencement Information

I3Sch. 20 para. 22 in operation at 10.3.2017 by S.R. 2017/44, art. 5(a)