C5C4C6C7Part 2The Board of the Pension Protection Fund

Annotations:
Modifications etc. (not altering text)
C7

Pt. 2 applied in part (24.7.2014) by The Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014 (S.I. 2014/1711), regs. 1(1), 42(1), 53, 57 (with regs. 6, 41, 44(1), 47(1), 69(2), 72(1), 76(1)); coming into force immediately after s. 29 of 2011 c. 19 - see S.I. 2014/1683, art. 2

C2C1Chapter 2Information relating to employer’s insolvency etc

Annotations:
Modifications etc. (not altering text)
C2

Pt. 2 modified in part (9.3.2005 for specified purposes, 1.4.2005 for specified purposes, 6.4.2005 in so far as not already in force (except ch. 4)) by The Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005 (S.I. 2005/441), regs. 1, 2-60, 71, 72

C1

Pt. 2 modified (8.3.2005 for specified purposes, 6.4.2005 in so far as not already in force) by The Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations 2005 (S.I. 2005/277), regs. 1(1), 2-11

Insolvency events

C1C2C3120C3C2C1Duty to notify insolvency events in respect of employers

I21

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

I22

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.

I13

For the purposes of subsection (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.

I14

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