http://www.legislation.gov.uk/uksi/2006/575/regulation/37The Pension Protection Fund (Tax) Regulations 2006texttext/xmlenStatute Law DatabaseCORPORATION TAXINCOME TAXCAPITAL GAINS TAXINHERITANCE TAXSTAMP DUTY LAND TAX2015-06-11Expert Participation2013-05-31In the Pensions Act 2004 (c. 35), Part 2 establishes and deals with the Board of the Pension Protection Fund (“the Board”). The Board is a body corporate, and has two main functions. First, the Board is to administer the Pension Protection Fund, from which compensation will be paid to members of certain pension schemes which are underfunded and no longer have a solvent sponsoring employer; and (secondly) the Board is to administer the Fraud Compensation Fund, from which compensation will be paid to certain pension schemes which no longer have a solvent sponsoring employer in cases of fraud and misappropriation of scheme assets.37Application of TCGA 1992: further provisions1

For the purposes of section 170 of TCGA 1992 (groups of companies), none of the following may be a member of a group—

a

the Board of the Pension Protection Fund;

b

the Pension Protection Fund;

c

the Fraud Compensation Fund.

2

This regulation is to be construed as one with TCGA 1992.

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Application of
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This regulation is to be construed as one with
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