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Pensions Act 2004

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Changes over time for: Section 246

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Changes to legislation:

Pensions Act 2004, Section 246 is up to date with all changes known to be in force on or before 27 February 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. Help about Changes to Legislation

246Borrowing by trusteesE+W+S

This section has no associated Explanatory Notes

After section 36 of the Pensions Act 1995 insert—

36ARestriction on borrowing by trustees

Regulations may prohibit the trustees of a trust scheme, or the fund manager to whom any discretion has been delegated under section 34, from borrowing money or acting as a guarantor, except in prescribed cases.

Commencement Information

I1S. 246 in force at 4.12.2005 for specified purposes and 30.12.2005 in so far as not already in force by S.I. 2005/3331, art. 2(1), Sch. Pt. 1

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