Payments to meet certain costs2

The Board2 may pay out of the Pension Protection Fund any sum required to meet expenditure by the Board on—

a

creating and maintaining records of persons entitled to compensation under section 162 of the Pensions Act 20043 or Article 146(2) of the Pensions (Northern Ireland) Order 20054 (the pension compensation provisions);

b

maintaining a payroll for the payment of such compensation;

c

verifying data required for the creation and maintenance of those records and that payroll.