Chwilio Deddfwriaeth

Pensions Act 2007

 Help about what version

Pa Fersiwn

 Help about advanced features

Nodweddion Uwch

 Help about opening options

Dewisiadau AgorExpand opening options

Changes over time for: Section 23

 Help about opening options

Changes to legislation:

There are currently no known outstanding effects for the Pensions Act 2007, Section 23. Help about Changes to Legislation

23Winding up of the AuthorityU.K.

This adran has no associated Nodiadau Esboniadol

[F1(1)The Secretary of State may by order provide for the winding up and dissolution of the Authority.]

(2)F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4)F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(5)An order under this section may, in particular—

(a)provide for the transfer of property, rights or liabilities of the Authority to the Secretary of State [F3or any other person];

(b)provide, in connection with provision made under paragraph (a)—

(i)for the creation of interests in property transferred;

(ii)for the creation of rights and liabilities in relation to such property;

(iii)for interests, rights and liabilities to be extinguished;

(c)provide for the payment by the Secretary of State or the Authority of compensation to any person who suffers loss or damage as a result of the provision made for the winding up of the Authority.

(6)An order under this section may make—

(a)such consequential, incidental or supplemental provision, and

(b)such transitional, transitory or saving provision,

as the Secretary of State thinks necessary or expedient in connection with, or in consequence of, the winding up and dissolution of the Authority.

(7)An order under this section may also contain provision repealing any provision of

[F4(a)]sections 20 to 22 or Schedule 6[F5;

(b)sections 79 to 85 of the Pensions Act 2008.]

(8)No order may be made under this section unless a draft of the order has been laid before and approved by a resolution of each House of Parliament.

Textual Amendments

F1S. 23(1) substituted (26.11.2008) by Pensions Act 2008 (c. 30), {ss, 86(2)}, 149(2)(b)

F3Words in s. 23(5)(a) inserted (26.11.2008) by Pensions Act 2008 (c. 30), {ss, 86(4)}, 149(2)(b)

F4Words in s. 23(7) renumbered (26.11.2008) as s. 23(7)(a) by Pensions Act 2008 (c. 30), ss. 86(5)(a), 149(2)(b)

F5S. 23(7)(b) and semi-colon inserted (26.11.2008) by Pensions Act 2008 (c. 30), ss. 86(5)(b), 149(2)(b)

Yn ôl i’r brig

Options/Help

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open y Ddeddf Gyfan

Y Ddeddf Gyfan you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

Y Rhestrau you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?