Pensions Act 2008

114Time for discharge of liabilityE+W+S

This section has no associated Explanatory Notes

(1)This section applies where the Board is subject to a liability in respect of a pension compensation credit.

(2)The Board must discharge the liability before the end of the implementation period for the credit.

(3)The Secretary of State may make provision by regulations as to circumstances in which the implementation period for the credit is extended for the purposes of this section.

Commencement Information

I1S. 114 wholly in force at 6.4.2011; s. 114 in force for certain purposes at Royal Assent see s. 149(2)(k); s. 114 in force so far as not already in force at 6.4.2011 by S.I. 2011/664, art. 2(3), Sch. Pt. 2