There are currently no known outstanding effects for the Pensions Act 2011, Paragraph 18.
18(1)Section 316(2) of the Pensions Act 2004 (subordinate legislation subject to affirmative procedure) is amended as follows.U.K.
(2)Omit paragraph (a) (the administration levy).
(3)In paragraph (f) (the levy ceiling) after “ceiling)” insert “ which is made by virtue of section 178(8) ”.
(4)[F1In paragraph (s) (the compensation cap) after “Fund)” insert “ except an order which is made by virtue of paragraph 27 of that Schedule ”.]
Textual Amendments
F1Sch. 4 para. 18(4) omitted (E.W.S.) (coming into force in accordance with reg. 1(b) of the amending S.I.) by virtue of The Pensions Act 2004 (Amendment) (Pension Protection Fund Compensation) Regulations 2023 (S.I. 2023/1309), reg. 5(a)
Commencement Information
I1Sch. 4 para. 18 in force at 3.1.2012 by S.I. 2011/3034, art. 3(i)(iii)
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