| Guvnor

Enforced by: TPR
Status: Amended (in force with amendments)
Penalty ceiling: Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Trustee5

Plus 2 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Trustee — also bound by 120 other Acts

The Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 79 duties

The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022 40 duties

Charities Act 2011 27 duties

The Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations 2025 24 duties

Occupational Pension Schemes (Climate Change Governance and Reporting) Regulations 2021 22 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

Part 1

PRELIMINARY

0 of 1 section shown

1 other section in this Part — procedural and definitional

s.001 Citation, commencement and interpretation

Part 2

SEGREGATED SCHEMES:

0 of 12 sections shown

12 other sections in this Part — procedural and definitional

s.002 Application and effect

s.003 Notification of insolvency events, confirmation of scheme status etc.

s.004 Eligible schemes

s.005 Board's duty where application or notification received under section 129

s.006 Protected liabilities and assessment periods

s.007 Directions and power to validate contraventions of section 135

s.008 Valuation of assets

s.009 Refusal to assume responsibility for a scheme

s.010 Reconsideration and duty to assume responsibility for a scheme following reconsideration

s.011 Closed schemes and requirement to wind up schemes with sufficient assets to meet protected liabilities

s.012 Transfer notices and assumption of responsibility

s.013 The pension compensation provisions

Part 3

SEGREGATED SCHEMES:

1 of 14 sections shown

s.018 Board’s duty where application or notification received under section 129 Regulated

Pass on Pension Protection Fund notices to employers and other section trusteesTrustee

13 other sections in this Part — procedural and definitional

s.014 Application and effect

s.015 Notification of insolvency events, confirmation of scheme status etc.

s.016 Eligible schemes

s.017 Duty to assume responsibility for schemes

s.019 Protected liabilities

s.020 Assessment periods

s.021 Directions

s.022 Power to validate contraventions of section 135 and Board to act as creditor of the employer

s.023 Valuation of assets

s.024 Refusal to assume responsibility for a scheme

s.025 Reconsideration, closed schemes and requirement to wind up schemes with sufficient assets to meet protected liabilities

s.026 Transfer notice and assumption of responsibility for a scheme

s.027 The pension compensation provisions

Part 4

SEGREGATED SCHEMES:

3 of 18 sections shown

s.032 Board's duty where application or notification received under section 129 Regulated

Forward PPF notices to all scheme sections and employersTrustee

s.037 Board to act as creditor of the employer Regulated

Apply employer debt payments to scheme-wide liabilitiesTrustee

s.043 Further actuarial valuation of segregated parts Regulated

Other duties (1) — Crown / regulator

PPF Board must obtain further actuarial valuation of segregated partsStatutory regulator

15 other sections in this Part — procedural and definitional

s.028 Application and effect

s.029 Notification of insolvency events, confirmation of scheme status etc.

s.030 Eligible schemes

s.031 Duty to assume responsibility for schemes

s.033 Protected liabilities

s.034 Assessment periods

s.035 Directions

s.036 Restrictions on winding up, discharge of liabilities etc, and power to validate contraventions of section 135

s.037 Ill health pensions

s.038 Valuation of assets

s.039 Refusal to assume responsibility for a scheme

s.040 Reconsideration

s.041 Closed schemes, requirement to wind up schemes with sufficient assets and applications and notifications where closed schemes have insufficient assets

s.042 Transfer notices and assumption of responsibility for a scheme

s.044 The pension compensation provisions

Part 5

NON-SEGREGATED SCHEMES:

3 of 17 sections shown

s.049 Board's duty where application or notification received under section 129 Regulated

Forward PPF notices and binding notices to all employersTrustee

s.053 Board to act as creditor of the employer Regulated

You must apply segregated-part debt payments to whole scheme liabilitiesTrustee

s.059 Further actuarial valuation of segregated parts Regulated

Other duties (1) — Crown / regulator

Board must obtain further actuarial valuation of scheme and segregated partStatutory regulator

14 other sections in this Part — procedural and definitional

s.045 Application and effect

s.046 Notification of insolvency events, confirmation of scheme status etc.

s.047 Eligible schemes

s.048 Duty to assume responsibility for schemes

s.050 Protected liabilities and assessment period

s.051 Directions

s.052 Restrictions on winding up, discharge of liabilities etc and power to validate contraventions of section 135

s.053 Ill health pensions

s.054 Valuation of assets

s.055 Refusal to assume responsibility for a scheme

s.056 Reconsideration

s.057 Closed schemes, requirement to wind up schemes with sufficient assets and applications and notifications where closed schemes have insufficient assets)

s.058 Transfer notices and assumption of responsibility for a scheme

s.060 The pension compensation provisions

Part 6

NON-SEGREGATED SCHEMES:

0 of 10 sections shown

10 other sections in this Part — procedural and definitional

s.061 Application and effect

s.062 Notification of insolvency events, confirmation of scheme status etc.

s.063 Eligible schemes

s.064 Duty to assume responsibility for schemes

s.065 Applications and notifications and Board’s duty where application or notification received under section 129

s.066 Assessment periods

s.067 Power to validate contraventions of section 135 and Board to act as creditor of the employer

s.068 Valuation of assets

s.069 Refusal to assume responsibility

s.070 Transfer notice and the pension compensation provisions

Part 7

NON-SEGREGATED SCHEME WITH AN OPTION TO SEGREGATE ON THE WITHDRAWAL OF A PARTICIPATING EMPLOYER

0 of 1 section shown

1 other section in this Part — procedural and definitional

s.071 Application and effect

Part 8

SEGREGATED SCHEMES:

0 of 1 section shown

1 other section in this Part — procedural and definitional

s.072 Application and effect

Part 9

MULTI-EMPLOYER SCHEMES:

0 of 3 sections shown

3 other sections in this Part — procedural and definitional

s.073 Modification of sections 175 to 181 of the Act: segregated schemes

s.074 Modification of sections 175 to 181 of the Act: non-segregated schemes

s.075 Modification of sections 175 to 181 of the Act: multi-employer sections of segregated schemes

Part 10

FINANCIAL ASSISTANCE SCHEME FOR MEMBERS OF CERTAIN PENSION SCHEMES

0 of 1 section shown

1 other section in this Part — procedural and definitional

s.076 Modification of section 286 of the Act

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.

Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005

Does it bind you?

Other Acts binding the same actors

What it requires

PRELIMINARY

SEGREGATED SCHEMES:

SEGREGATED SCHEMES:

SEGREGATED SCHEMES:

NON-SEGREGATED SCHEMES:

NON-SEGREGATED SCHEMES:

NON-SEGREGATED SCHEME WITH AN OPTION TO SEGREGATE ON THE WITHDRAWAL OF A PARTICIPATING EMPLOYER

SEGREGATED SCHEMES:

MULTI-EMPLOYER SCHEMES:

FINANCIAL ASSISTANCE SCHEME FOR MEMBERS OF CERTAIN PENSION SCHEMES