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Article 2
Provisions of the Act | Subject matter |
---|---|
Section 78(1) to (3), (5) and (7) | establishment of the Pensions Compensation Board |
section 85(3)(a) | investment of surplus funds held by the Pensions Compensation Board |
Schedule 2 paragraphs 1 to 11, 13, 14(1) to (4), 16, 17, 18(1)(a) and (b), 19 and 20 and section 78(8) in so far as it relates to those paragraphs | Pensions Compensation Board |
Provisions of the Act | Subject matter |
---|---|
section 10(1) | period for paying penalties |
section 23 | requirement for independent trustee |
section 81(1)(c), (2) and (3)(f)(i) | cases where compensation provisions apply |
section 82(1) | applications for payment |
section 83(2) and (3)(a) | amount of compensation |
section 84(1)(b), (2) and (3) | payments made in anticipation |
section 86 | modifications of compensation provisions |
section 96(2) and (5) | review of decisions |
section 155 in so far as not already in force for the purpose of making regulations | penalties for breach of regulations under the Pension Schemes Act 1993 |
section 157(2) | jurisdiction of the Pensions Ombudsman |
section 158 | payment of costs and expenses by the Pensions Ombudsman |
section 160 | interest on late payment of benefit |
Schedule 5, paragraph 36 and section 151 in so far as it relates to that paragraph | investment and resources of schemes |
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