Part 1Pension scheme membership for jobholders
Chapter 6Personal Accounts Delivery Authority
Winding up
86Winding up of the Authority
1
Section 23 of the Pensions Act 2007 (c. 22) (winding up of the Authority) is amended as follows.
2
For subsection (1) substitute—
1
The Secretary of State may by order provide for the winding up and dissolution of the Authority.
3
Subsections (2) to (4) are omitted.
4
In subsection (5)(a), after “Secretary of State” insert “or any other person”.
5
In subsection (7)—
a
the words after “provision of” become paragraph (a) of that subsection; and
b
at the end of that paragraph insert —
;
b
sections 79 to 85 of the Pensions Act 2008.