Regulation 2 Limit on borrowing
The aggregate amount outstanding in respect of the principal of any money borrowed by the Pensions Compensation Board under section 78(5) of the Pensions Act 1995 must not exceed £15 million.
The aggregate amount outstanding in respect of the principal of any money borrowed by the Pensions Compensation Board under section 78(5) of the Pensions Act 1995 must not exceed £15 million.