- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (07/07/2011)
- Gwreiddiol (Fel y'i Deddfwyd)
Companies Act 2006
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Changes over time for: Section 673
Version Superseded: 06/04/2016
Alternative versions:
- 01/10/2009- Amendment
- 07/07/2011
Point in time - 06/04/2016- Amendment
Status:
Point in time view as at 07/07/2011. This version of this provision has been superseded.
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Companies Act 2006, Section 673 is up to date with all changes known to be in force on or before 11 November 2024. 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.
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673Employer's charges and other rights of recoveryU.K.
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adran has no associated
Nodiadau Esboniadol
(1)Where the shares are held on trust for the purposes of a pension scheme there shall be disregarded—
(a)any charge or lien on, or set-off against, any benefit or other right or interest under the scheme for the purpose of enabling the employer or former employer of a member of the scheme to obtain the discharge of a monetary obligation due to him from the member;
(b)any right to receive from the trustee of the scheme, or as trustee of the scheme to retain, an amount that can be recovered or retained—
(i)under section 61 of the Pension Schemes Act 1993 (c. 48), or otherwise, as reimbursement or partial reimbursement for any contributions equivalent premium paid in connection with the scheme under Part 3 of that Act, or
(ii)under section 57 of the Pension Schemes (Northern Ireland) Act 1993 (c. 49), or otherwise, as reimbursement or partial reimbursement for any contributions equivalent premium paid in connection with the scheme under Part 3 of that Act.
(2)Where the shares are held on trust for the purposes of an employees' share scheme, there shall be disregarded any charge or lien on, or set-off against, any benefit or other right or interest under the scheme for the purpose of enabling the employer or former employer of a member of the scheme to obtain the discharge of a monetary obligation due to him from the member.
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