http://www.legislation.gov.uk/ukpga/2008/30/section/117Pensions Act 2008An Act to make provision relating to pensions; and for connected purposes.texttext/xmlenStatute Law Database2026-07-02Expert Participation2026-06-29 Pensions Act 2008s. 24(1)(c)Pension Schemes Act 2015Sch. 2 para. 43(2)(d)s. 87s. 89(4)(a)Pensions Act 2008s. 3(1A)Pensions (Extension of Automatic Enrolment) Act 2023s. 1(2)s. 2(3)Pensions Act 2008s. 5(1C)Pensions (Extension of Automatic Enrolment) Act 2023s. 1(3)s. 2(3)Pensions Act 2008s. 13APensions (Extension of Automatic Enrolment) Act 2023s. 1(4)s. 2(3)Pensions Act 2008s. 143(6)(7)Pensions (Extension of Automatic Enrolment) Act 2023s. 1(5)(b)s. 2(3) Part 3Chapter 11171The Secretary of State may by regulations make provision for the purpose of enabling the Board to recover from the parties to pension compensation sharing prescribed charges in respect of prescribed descriptions of pension compensation sharing activity.2Regulations under subsection (1) may include—aprovision for the start of the implementation period for a pension compensation credit to be postponed in prescribed circumstances;bprovision enabling the Board to set off against any PPF compensation payable to a party to pension compensation sharing any charges owed to it by that party under the regulations;cprovision, in relation to payments in respect of charges recoverable under the regulations, for reimbursement as between the parties to pension compensation sharing.3For the purposes of regulations under subsection (1), the question of how much of a charge recoverable under the regulations is attributable to a party to pension compensation sharing is to be determined as follows—awhere the relevant order or provision includes provision (“provision for apportionment”) about the apportionment of charges under this section, there is attributable to the party so much of the charge as is apportioned to that party by that provision for apportionment;bwhere the relevant order or provision does not include provision for apportionment, the charge is attributable to the transferor.4In subsection (1), the reference to pension compensation sharing activity is to activity attributable directly or indirectly to the application of section 111 by virtue of the relevant order or provision.S. 117 wholly in force at 6.4.2011; s. 117 in force for certain purposes at Royal Assent see s. 149(2)(k); s. 117 in force so far as not already in force at 6.4.2011 by S.I. 2011/664, art. 2(3), Sch. Pt. 2Pt. 3 Ch. 1 applied (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