# The Pension Protection Fund (Pension Compensation Cap) Order 2007, Introduction: Introductory text


SI Draft Order laid before Parliament under section 316(2)(s) of the Pensions Act 2004, for approval by resolution of each House of Parliament.
PENSIONS
Made 2007
Coming into force 1st April 2007
This Order is made in exercise of the powers conferred by section 315(5) of, and paragraphs 26(7) and 27(2) and (3) of Schedule 7 to, the Pensions Act 2004.
On a review under section 148(2) of the Social Security Administration Act 1992 the Secretary of State concluded that the general level of earnings obtaining in Great Britain exceeds by 3.4% the general level at the end of the period taken into account for the last review under that section.
A draft of this instrument has been laid before Parliament in accordance with section 316(2)(s) of the Pensions Act 2004 and approved by a resolution of each House of Parliament.
Accordingly the Secretary of State for Work and Pensions makes the following Order:

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Source: https://www.legislation.gov.uk/ukdsi/2007/9780110758022/introduction (the official version)
Page: https://openlegislation.uk/draft-pension-protection-fund-pension-compensation-cap-order-2007/introduction
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.