C1C2C3 PART IIITHE BOARD OF THE PENSION PROTECTION FUND

Annotations:
Modifications etc. (not altering text)

CHAPTER 2INFORMATION RELATING TO EMPLOYER'S INSOLVENCY ETC.

Insolvency events

Duty to notify insolvency events in respect of employers104

1 F1

This Article applies where, in the case of an occupational pension scheme, an insolvency event occurs in relation to the employer.

2

The insolvency practitioner in relation to the employer must give a notice to that effect within the notification period to—

a

the Board,

b

the Regulator, and

c

the trustees or managers of the scheme.

F13

For the purposes of paragraph (2) the “notification period” is the prescribed period beginning with the later of—

a

the insolvency date, and

b

the date the insolvency practitioner becomes aware of the existence of the scheme.

F14

A notice under this Article must be in such form and contain such information as may be prescribed.