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Changes over time for: Section 160


Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 14/07/2014.
Changes to legislation:
Pensions Act 2004, Section 160 is up to date with all changes known to be in force on or before 09 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.

Changes to Legislation
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160Transfer noticeE+W+S
This section has no associated Explanatory Notes
(1)This section applies where the Board is required to assume responsibility for a scheme under section 127, 128, 152 or 158.
(2)The Board must give the trustees or managers a notice (a “transfer notice”).
(3)In a case to which section 127 or 128 applies, a transfer notice may not be given until the [determination made or valuation obtained under section 143(2)] is binding.
(4)In a case to which section 158 applies, a transfer notice may not be given until the [determination made or] valuation obtained under subsection (3) of that section is binding.
(5)A transfer notice may not be given in relation to a scheme during any period when the issue of, or failure to issue, a withdrawal notice under or by virtue of section 146 or 147 (refusal to assume responsibility) is reviewable (see section 149(6)(b)).
(6)The Board must give a copy of any notice given under subsection (2) to—
(a)the Regulator, and
(b)any insolvency practitioner in relation to the employer or, if there is no such insolvency practitioner, the employer.
(7)This section is subject to section [172(2)] (no transfer notice ... when fraud compensation application is pending).
Textual Amendments
Modifications etc. (not altering text)
Commencement Information
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