1.—(1) These Regulations may be cited as the Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) Regulations 2020, and come into force on 7th July 2020.
(2) This regulation and regulation 3 extend to England and Wales, Scotland and Northern Ireland.
(3) Regulation 2 extends to England and Wales and Scotland.
(4) In these Regulations—
“the 1986 Act” means the Insolvency Act 1986;
“the 2006 Act” means the Companies Act 2006;
“CIO” means a Charitable Incorporated Organisation;
“LLP” means a limited liability partnership registered under the Limited Liabilities Partnerships Act 2000 M1;
[F1“relevant CCBS” has the meaning given in article 1(2) of the Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014;
“relevant society” has the meaning given by the modification to section 901A(4) of the Companies Act 2006 in paragraph 3 of Schedule 2A to the Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014;]
“the Board” means the Board of the Pension Protection Fund M2.
Textual Amendments
F1Words in reg. 1(4) inserted (23.7.2020) by The Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) (Amendment) Regulations 2020 (S.I. 2020/783), regs. 1(1), 3
Commencement Information
I1Reg. 1 in force at 7.7.2020, see reg. 1(1)
Marginal Citations
M2The Board of the Pension Protection Fund is established under section 107 of the Pensions Act 2004 (c. 35).