# The Occupational Pension Schemes (Pensions Compensation Board Limit on Borrowing) Regulations 1996, 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.

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Source: https://www.legislation.gov.uk/uksi/1996/1976/regulation/2 (the official version)
Page: https://openlegislation.uk/occupational-pension-schemes-pensions-compensation-board-limit-on-borrowing-regulations-1996/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.