C1C4C2 PART IIITHE BOARD OF THE PENSION PROTECTION FUND

Annotations:

C4CHAPTER 3PENSION PROTECTION

Assumption of responsibility for a scheme

The pension compensation provisions146

1 F1

F2Schedule 6 makes provision for compensation to be paid in relation to a scheme for which the Board assumes responsibility in accordance with this Chapter, including provision for—

a F2

periodic compensation to be paid to or in respect of members,

b F2

lump sum compensation to be paid to members,

c F2

F3...and

d F2

annual increases to be made to periodic compensation.

C32

In this Part references to the pension compensation provisions are to the provisions of, and the provisions made by virtue of, this Article, Articles 124 to 126, 145(2)(c), 148 and 152 and Schedule 6.

(Those references do not include any provision of, or made by virtue of, Article 154 (discharge of liabilities in respect of money purchase benefits)).