Regulation 11 Proceedings

(1)

Where a direction from the Secretary of State has been given under regulation 3, proceedings specified in paragraph (2) may only be brought, or continued if already commenced, with the permission of the Secretary of State.

(2)

The proceedings referred to in paragraph (1) are—

(a)

proceedings to wind up the AWE Pension Scheme;

(b)

a demand for payment under the Crown Guarantee.

(3)

For the purposes of this regulation, proceedings to wind up the AWE Pension Scheme include any proceedings under section 11^f1 of the Pensions Act 1995.

Annotations

Footnotes

f1: Section 11 was amended by section 22 of, and Schedule 13 to, the 2004 Act and S.I. 2009/1682.