Section 95 Release of capital buffer treated as reducing employer debtI1
England, Wales and Scotland Not yet in force
Where some or all of the capital buffer is released in consequence of a debt falling due to the trustees of the superfund scheme under section 75 of the Pensions Act 1995, the debt due under that section is treated as reduced by the value of the assets released (as calculated in accordance with regulations under section 89(9)).
Annotations
Commencement
- I1
S. 95 not in force at Royal Assent, see s. 133(7)