SCHEDULES
C1SCHEDULE 5Pension compensation payable on discharge of pension compensation credit
Annotations:
Modifications etc. (not altering text)
Part 4Provisions applicable irrespective of age of transferee on transfer day
Compensation cap
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1
The Secretary of State may by regulations make provision for restricting the amount of periodic compensation payable under this Schedule in a case in which, on the transfer day, the transferor is not entitled to present payment of PPF compensation.
F12
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Sch. 5 applied (24.7.2014) by The Pensions Act 2011 (Transitional, Consequential and Supplementary Provisions) Regulations 2014 (S.I. 2014/1711), regs. 1(1), 42(1), 53, 57 (with regs. 6, 41, 44(1), 47(1), 69(2), 72(1), 76(1)); coming into force immediately after s. 29 of 2011 c 19 - see S.I. 2014/1683, art. 2