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The Pensions Act 2004 (Amendment) (Pension Protection Fund Compensation) Regulations 2023

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Amendment of the Pensions Act 2014

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6.  In the Pensions Act 2014(1)—

(a)omit section 51 (Pension Protection Fund: compensation cap to apply separately to certain benefits);

(b)in Schedule 20 (Pension Protection Fund: increased compensation cap for long service), omit—

(i)paragraphs 1 to 3;

(ii)paragraph 5;

(iii)paragraph 6(3) and (4);

(iv)paragraphs 7 to 22.

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