Public Service Pensions and Judicial Offices Act 2022

59Power to pay compensationU.K.
This section has no associated Explanatory Notes

(1)The scheme manager for a judicial scheme may pay amounts by way of compensation in respect of compensatable losses incurred by members or, in the case of deceased members, their personal representatives.

(2)Scheme regulations for a judicial scheme may make provision under which an employer in relation to the scheme is required to reimburse the scheme manager for amounts paid under subsection (1).

(3)For the purposes of this section a loss incurred by a member, or by a member’s personal representatives, is “compensatable” if and to the extent that—

(a)either of the following conditions is met, and

(b)the loss is of a description specified in Treasury directions.

(4)The first condition is that the loss is attributable to, or is reasonably regarded as attributable to, a relevant breach of a non-discrimination rule.

(5)The second condition is that the loss is attributable to the application of any provision of, or made under, this Chapter.

(6)In this section (subject to subsection (8)) “loss” includes a loss of any kind including, in particular, a Part 4 tax loss.

(7)In this section “Part 4 tax loss”, in relation to a member, means a loss arising as a result of the member—

(a)incurring a charge, or incurring an increased charge, under Part 4 of FA 2004, or

(b)not being entitled to a relief, or being entitled to less relief, under that Part of that Act.

(8)In this section “loss” does not include an amount that is payable under this Chapter or under regulations made by virtue of this Chapter.

(9)In this section “non-discrimination rule” means a rule that is, or at any time was, included in a judicial scheme by virtue of—

(a)section 61 of EA 2010, or

(b)paragraph 2 of Schedule 1 to EEAR(NI) 2006.

(10)For the purposes of this section a breach of a non-discrimination rule is “relevant” if it arises from the application of—

(a)an exception to section 18(1) of PSPA 2013 made under section 18(5) to (7) of that Act, or

(b)an exception to section 18(1) of PSPA(NI) 2014 made under section 18(5) to (8) of that Act.

(11)Subsection (1) does not confer power to pay amounts by way of compensation in respect of compensatable losses so far as—

(a)any person has already received amounts by way of compensation in respect of them, or

(b)amounts that any person has paid the scheme have been reduced by amounts in respect of them,

whether pursuant to an order of a court or tribunal or otherwise.

Modifications etc. (not altering text)

Commencement Information

I1S. 59 in force at Royal Assent for specified purposes, see s. 131(1)

I2S. 59 in force at 4.7.2023 in so far as not already in force by S.I. 2023/746, reg. 2(a)