http://www.legislation.gov.uk/ukpga/2007/22/section/23Pensions Act 2007An Act to make provision about pensions and other benefits payable to persons in connection with bereavement or by reference to pensionable age; to make provision about the establishment and functions of the Personal Accounts Delivery Authority; and for connected purposes.texttext/xmlenStatute Law Database2022-08-02Expert Participation2022-04-28 Part 3 Personal Accounts Delivery AuthorityWinding up of the Authority231The Secretary of State may by order provide for the winding up and dissolution of the Authority.2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5An order under this section may, in particular—aprovide for the transfer of property, rights or liabilities of the Authority to the Secretary of State or any other person;bprovide, in connection with provision made under paragraph (a)—ifor the creation of interests in property transferred;iifor the creation of rights and liabilities in relation to such property;iiifor interests, rights and liabilities to be extinguished;cprovide for the payment by the Secretary of State or the Authority of compensation to any person who suffers loss or damage as a result of the provision made for the winding up of the Authority.6An order under this section may make—asuch consequential, incidental or supplemental provision, andbsuch transitional, transitory or saving provision,as the Secretary of State thinks necessary or expedient in connection with, or in consequence of, the winding up and dissolution of the Authority.7An order under this section may also contain provision repealing any provision ofasections 20 to 22 or Schedule 6;bsections 79 to 85 of the Pensions Act 2008.8No order may be made under this section unless a draft of the order has been laid before and approved by a resolution of each House of Parliament.S. 23(1) substituted (26.11.2008) by Pensions Act 2008 (c. 30), {ss, 86(2)}, 149(2)(b)S. 23(2)-(4) repealed (26.11.2008) by Pensions Act 2008 (c. 30), ss. 86(3), 149(1)(2)(b)(i), Sch. 11 Pt. 1Words in s. 23(5)(a) inserted (26.11.2008) by Pensions Act 2008 (c. 30), {ss, 86(4)}, 149(2)(b)Words in s. 23(7) renumbered (26.11.2008) as s. 23(7)(a) by Pensions Act 2008 (c. 30), ss. 86(5)(a), 149(2)(b)S. 23(7)(b) and semi-colon inserted (26.11.2008) by Pensions Act 2008 (c. 30), ss. 86(5)(b), 149(2)(b)
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<Title>Personal Accounts Delivery Authority</Title>
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<Title>Winding up of the Authority</Title>
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<Substitution ChangeId="d29p3269" CommentaryRef="c2164541">The Secretary of State may by order provide for the winding up and dissolution of the Authority.</Substitution>
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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<P2para>
<Text>An order under this section may, in particular—</Text>
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provide for the transfer of property, rights or liabilities of the Authority to the Secretary of State
<Addition ChangeId="d29p3310" CommentaryRef="c2164546">or any other person</Addition>
;
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<Text>An order under this section may make—</Text>
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<Text>such consequential, incidental or supplemental provision, and</Text>
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<Text>An order under this section may also contain provision repealing any provision of</Text>
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a
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sections 20 to 22 or Schedule 6
<Addition ChangeId="d29p3379" CommentaryRef="c2164549">;</Addition>
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<Para>
<Text>
<CitationSubRef id="c00087" URI="http://www.legislation.gov.uk/id/ukpga/2007/22/section/23/1" SectionRef="section-23-1">S. 23(1)</CitationSubRef>
substituted (26.11.2008) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2008/30" id="c00088" Year="2008" Class="UnitedKingdomPublicGeneralAct" Number="30" Title="Pensions Act 2008">Pensions Act 2008 (c. 30)</Citation>
, {ss, 86(2)}, 149(2)(b)
</Text>
</Para>
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<Para>
<Text>
<CitationSubRef id="c00089" URI="http://www.legislation.gov.uk/id/ukpga/2007/22/section/23/2" UpTo="http://www.legislation.gov.uk/id/ukpga/2007/22/section/23/4" Type="group" StartSectionRef="section-23-2" EndSectionRef="section-23-4">S. 23(2)-(4)</CitationSubRef>
repealed (26.11.2008) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2008/30" id="c00090" Year="2008" Class="UnitedKingdomPublicGeneralAct" Number="30" Title="Pensions Act 2008">Pensions Act 2008 (c. 30)</Citation>
,
<CitationSubRef id="c00091" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/section/86/3" CitationRef="c00090" SectionRef="section-86-3">ss. 86(3)</CitationSubRef>
,
<CitationSubRef id="c00092" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/section/149/1/2/b/i" CitationRef="c00090" SectionRef="section-149-1-2-b-i">149(1)(2)(b)(i)</CitationSubRef>
,
<CitationSubRef id="c00093" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/schedule/11/part/1" CitationRef="c00090" SectionRef="schedule-11-part-1" Operative="true">Sch. 11 Pt. 1</CitationSubRef>
</Text>
</Para>
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<Commentary id="c2164546" Type="F">
<Para>
<Text>
Words in
<CitationSubRef id="c00094" URI="http://www.legislation.gov.uk/id/ukpga/2007/22/section/23/5/a" SectionRef="section-23-5-a">s. 23(5)(a)</CitationSubRef>
inserted (26.11.2008) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2008/30" id="c00095" Year="2008" Class="UnitedKingdomPublicGeneralAct" Number="30" Title="Pensions Act 2008">Pensions Act 2008 (c. 30)</Citation>
, {ss, 86(4)}, 149(2)(b)
</Text>
</Para>
</Commentary>
<Commentary id="c2164548" Type="F">
<Para>
<Text>
Words in
<CitationSubRef id="c00096" URI="http://www.legislation.gov.uk/id/ukpga/2007/22/section/23/7" SectionRef="section-23-7">s. 23(7)</CitationSubRef>
renumbered (26.11.2008) as s. 23(7)(a) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2008/30" id="c00097" Year="2008" Class="UnitedKingdomPublicGeneralAct" Number="30" Title="Pensions Act 2008">Pensions Act 2008 (c. 30)</Citation>
,
<CitationSubRef id="c00098" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/section/86/5/a" CitationRef="c00097" SectionRef="section-86-5-a" Operative="true">ss. 86(5)(a)</CitationSubRef>
,
<CitationSubRef id="c00099" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/section/149/2/b" CitationRef="c00097" SectionRef="section-149-2-b">149(2)(b)</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary id="c2164549" Type="F">
<Para>
<Text>
<CitationSubRef id="c00100" URI="http://www.legislation.gov.uk/id/ukpga/2007/22/section/23/7/b" SectionRef="section-23-7-b">S. 23(7)(b)</CitationSubRef>
and semi-colon inserted (26.11.2008) by
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2008/30" id="c00101" Year="2008" Class="UnitedKingdomPublicGeneralAct" Number="30" Title="Pensions Act 2008">Pensions Act 2008 (c. 30)</Citation>
,
<CitationSubRef id="c00102" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/section/86/5/b" CitationRef="c00101" SectionRef="section-86-5-b" Operative="true">ss. 86(5)(b)</CitationSubRef>
,
<CitationSubRef id="c00103" URI="http://www.legislation.gov.uk/id/ukpga/2008/30/section/149/2/b" CitationRef="c00101" SectionRef="section-149-2-b">149(2)(b)</CitationSubRef>
</Text>
</Para>
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