C2C3C5C5C5C6Part 2The Board of the Pension Protection Fund
Pt. 2 applied in part (with modifications) (20.7.2005 for specified purposes, 1.9.2005 for specified purposes, 5.12.2005 for specified purposes) by The Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986), regs. 1(1), 4, Sch. 1
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
Pt. 2 amendment to earlier affecting provision S.I. 2005/441, reg. 14-27 (1.8.2005) by The Occupational Pension Schemes (Miscellaneous Amendments) Regulations 2005 (S.I. 2005/2113), regs. 1(2), 10(3)
C2C1Chapter 2Information relating to employer’s insolvency etc
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
Insolvency events
C1C2C4120C4C2C1Duty to notify insolvency events in respect of employers
I21
This section applies where, in the case of an occupational pension scheme, an insolvency event occurs in relation to the employer.
I22
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 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