The Pension Protection Fund (Tax) Regulations 2006

This section has no associated Explanatory Memorandum

8.  Section 164 of FA 2004 (authorised member payments) applies as if it also provided that the Board of the Pension Protection Fund was authorised to make the following payments to or in respect of a member—

(a)payments of an amount falling within section 166(2) of the Pensions Act (duty to pay scheme benefits unpaid at assessment date);

(b)payments of an amount falling within Article 150(2) of the Pensions Order (duty to pay scheme benefits unpaid at assessment date)[F1;

(c)a payment of a PPF money purchase lump sum.]

Textual Amendments