Pensions Act 1995, Paragraph 15 is up to date with all changes known to be in force on or before 10 April 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
15E+WIn section 310 of the Insolvency Act 1986 (income payments orders)—
(a)in subsection (2), after “income of the bankrupt” there is inserted “ when taken together with any payments to which subsection (8) applies ”, and
(b)at the end of subsection (7), there is added— “and any payment under a pension scheme but excluding any payment to which subsection (8) applies.
(8)This subsection applies to—
(a)payments by way of guaranteed minimum pension; and
(b)payments giving effect to the bankrupt’s protected rights as a member of a pension scheme.
(9)In this section, “guaranteed minimum pension” and “protected rights” have the same meaning as in the Pension Schemes Act 1993.”
Commencement Information
I1Sch. 3 para. 15 in force at 6.4.1997 by S.I. 1997/664, art. 2(3), Sch. Pt. 3
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