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Paragraph 37

England and Wales

(1)

In this Part—

  • “assessment period” means—

    1. (a)

      an assessment period within the meaning of Part 2 of the Pensions Act 2004 (pension protection), or

    2. (b)

      an equivalent period under corresponding Northern Ireland legislation;

  • “the Board” means the Board of the Pension Protection Fund;

  • F1“the civil partner with compensation rights” means the civil partner who is or is likely to be entitled to PPF compensation;

  • “the civil partner with pension rights” has the meaning given by paragraph 29(1);

  • “occupational pension scheme” has the same meaning as in the Pension Schemes Act 1993 (c. 48);

F2prescribed” means prescribed by regulations;

  • “transfer notice” has the same meaning as in—

    1. (a)

      Chapter 3 of Part 2 of the 2004 Act, or

    2. (b)

      corresponding Northern Ireland legislation.

(2)

References in this Part to the Board assuming responsibility for a scheme are to the Board assuming responsibility for the scheme in accordance with—

(a)

Chapter 3 of Part 2 of the 2004 Act (pension protection), or

(b)

corresponding Northern Ireland legislation.

Annotations

Textual amendments

F1

Sch. 5 para. 37(1): definition of "the civil partner with compensation rights" inserted (6.4.2011) by Pensions Act 2008 (c. 30), ss. 120, 149, Sch. 6 para. 17(5)(a); S.I. 2011/664, art. 2(3), Sch. Pt. 2

F2

Sch. 5 para. 37(1): definition of "prescribed" inserted (6.4.2011) by Pensions Act 2008 (c. 30), ss. 120, 149, Sch. 6 para. 17(5)(b); S.I. 2011/664, art. 2(3), Sch. Pt. 2

Notes on Schedule 5

Textual amendments

F1

Sch. 5 title substituted (22.4.2014) by Crime and Courts Act 2013 (c. 22), s. 61(3), Sch. 11 para. 177; S.I. 2014/954, art. 2(e) (with art. 3) (with transitional provisions and savings in S.I. 2014/956, arts. 3-11)