SCHEDULES

SCHEDULE 20Pension Protection Fund: increased compensation cap for long service

Part 5Interpretation and power to make further transitional provision

Further transitional provision

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1

In relation to a case involving multiple benefits, transitional provision made by order under section 56(8) may, in particular—

a

disapply or modify any provision of this Schedule;

b

make provision similar to any provision of this Schedule.

2

For these purposes, “a case involving multiple benefits” means a case mentioned in paragraph 26(9) of Schedule 7 to the Pensions Act 2004.