C1C2Part 2The Board of the Pension Protection Fund
Pt. 2 modified in part (9.3.2005 for specified purposes, 1.4.2005 for specified purposes, 6.4.2005 in so far as not already in force (except ch. 4)) by The Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005 (S.I. 2005/441), regs. 1, 2-60, 71, 72
C2Chapter 2Information relating to employer’s insolvency etc
Insolvency events
120C2Duty to notify insolvency events in respect of employers
1
This section applies where, in the case of an occupational pension scheme, an insolvency event occurs in relation to the employer.
2
The insolvency practitioner in relation to the employer must give a notice to that effect within the notification period to—
a
the Board,
b
the Regulator, and
c
the trustees or managers of the scheme.
I13
For the purposes of subsection (2) the “notification period” is the prescribed period beginning with the later of—
a
the insolvency date, and
b
the date the insolvency practitioner becomes aware of the existence of the scheme.
I14
A notice under this section must be in such form and contain such information as may be prescribed.
Pt. 2 modified (8.3.2005 for specified purposes, 6.4.2005 in so far as not already in force) by The Pension Protection Fund (Partially Guaranteed Schemes) (Modification) Regulations 2005 (S.I. 2005/277), regs. 1(1), 2-11