Regulation 8 Application of the 1988 Act: further provisions

If at any time section 606 of the 1988 Act (default of scheme administrator etc.) applies in relation to the Pension Protection Fund, the Board of the Pension Protection Fund shall be responsible for the discharge of all duties imposed on the administrator under Chapter 1 of Part 14 of the 1988 Act (whenever arising), and liable for any tax due from the administrator in the administrator’s capacity as such (whenever falling due).

Section 606 of the 1988 Act does not apply in relation to the Fraud Compensation Fund.