UK Statutory Instrument
2005
United Kingdom
Pension Protection Fund (Multi-employer Schemes) (Modification) Regulations 2005
At a glance
Enforced by
What this Act requires
Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.
Browse 78 other sections — procedural / definitional / commencement
Application and effect
Notification of insolvency events, confirmation of scheme status etc.
Eligible schemes
Board's duty where application or notification received under section 129
Protected liabilities and assessment periods
Directions and power to validate contraventions of section 135
Valuation of assets
Refusal to assume responsibility for a scheme
Reconsideration and duty to assume responsibility for a scheme following reconsideration
Closed schemes and requirement to wind up schemes with sufficient assets to meet protected liabilities
Transfer notices and assumption of responsibility
The pension compensation provisions
Application and effect
Notification of insolvency events, confirmation of scheme status etc.
Eligible schemes
Duty to assume responsibility for schemes
Board’s duty where application or notification received under section 129
Protected liabilities
Assessment periods
Directions
Power to validate contraventions of section 135 and Board to act as creditor of the employer
Valuation of assets
Refusal to assume responsibility for a scheme
Reconsideration, closed schemes and requirement to wind up schemes with sufficient assets to meet protected liabilities
Transfer notice and assumption of responsibility for a scheme
The pension compensation provisions
Application and effect
Notification of insolvency events, confirmation of scheme status etc.
Eligible schemes
Duty to assume responsibility for schemes
Board's duty where application or notification received under section 129
Protected liabilities
Assessment periods
Directions
Restrictions on winding up, discharge of liabilities etc, and power to validate contraventions of section 135
Board to act as creditor of the employer
Ill health pensions
Valuation of assets
Refusal to assume responsibility for a scheme
Reconsideration
Closed schemes, requirement to wind up schemes with sufficient assets and applications and notifications where closed schemes have insufficient assets
Transfer notices and assumption of responsibility for a scheme
Further actuarial valuation of segregated parts
The pension compensation provisions
Application and effect
Notification of insolvency events, confirmation of scheme status etc.
Eligible schemes
Duty to assume responsibility for schemes
Board's duty where application or notification received under section 129
Protected liabilities and assessment period
Directions
Restrictions on winding up, discharge of liabilities etc and power to validate contraventions of section 135
Board to act as creditor of the employer
Ill health pensions
Valuation of assets
Refusal to assume responsibility for a scheme
Reconsideration
Closed schemes, requirement to wind up schemes with sufficient assets and applications and notifications where closed schemes have insufficient assets)
Transfer notices and assumption of responsibility for a scheme
Further actuarial valuation of segregated parts
The pension compensation provisions
Application and effect
Notification of insolvency events, confirmation of scheme status etc.
Eligible schemes
Duty to assume responsibility for schemes
Applications and notifications and Board’s duty where application or notification received under section 129
Assessment periods
Power to validate contraventions of section 135 and Board to act as creditor of the employer
Valuation of assets
Refusal to assume responsibility
Transfer notice and the pension compensation provisions
Application and effect
Application and effect
Modification of sections 175 to 181 of the Act: segregated schemes
Modification of sections 175 to 181 of the Act: non-segregated schemes
Modification of sections 175 to 181 of the Act: multi-employer sections of segregated schemes
Modification of section 286 of the Act
Enforcement and responsible bodies
The regulators that administer or enforce this legislation.
The Pensions Regulator
Regulates workplace pensions, defined benefit schemes, and master trusts. All employers must auto-enrol eligible workers into a workplace pension. Enforces employer duties …
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Regulators
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