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Regulation 5 Amendment of the Pension Protection Fund (General and Miscellaneous Amendments) Regulations 2006

Original text. Later amendments are not shown.

(1)

Amend the Pension Protection Fund (General and Miscellaneous Amendments) Regulations 2006f1 as follows.

(2)

In regulation 6 (circumstances where the Board is not required to recover overpaid scheme benefits)—

(a)

in paragraph (2) for the words “it shall determine, having regard to any evidence provided under paragraph (1)(c)(ii),” substitute “it shall as soon as reasonably practicable determine”; and

(b)

after paragraph (2) insert—

“(2A)

The Board may request such additional information from the person who gave the hardship notification as it reasonably requires for the purpose of making a determination under paragraph (2).

(2B)

In making the determination, the Board shall have regard to any evidence provided under paragraph (1)(c)(ii) and any information provided in accordance with paragraph (2A) .”.

(3)

In regulation 16 (recovery of PPF compensation overpayments)—

(a)

in paragraph (2) for the words “it shall determine, having regard to any evidence provided under paragraph (1)(c)(ii),” substitute “it shall as soon as reasonably practicable determine”; and

(b)

after paragraph (2) insert—

“(2A)

The Board may request such additional information from the person who gave the hardship notification as it reasonably requires for the purpose of making a determination under paragraph (2).

(2B)

In making the determination, the Board shall have regard to any evidence provided under paragraph (1)(c)(ii) and any information provided under paragraph (2A).”.

Annotations

Footnotes

f1

S.I. 2006/580.