# Pensions Act 1995, Paragraph 15


In section 310 of the Insolvency Act 1986 (income payments orders)—
(a) in subsection (2), after “income of the bankrupt” there is inserted “ when taken together with any payments to which subsection (8) applies ”, and
(b) at the end of subsection (7), there is added—
“and any payment under a pension scheme but excluding any payment to which subsection (8) applies.
(8) This subsection applies to—
(a) payments by way of guaranteed minimum pension; and
(b) payments giving effect to the bankrupt’s protected rights as a member of a pension scheme.
(9) In this section, “guaranteed minimum pension” and “protected rights” have the same meaning as in the Pension Schemes Act 1993.”

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Source: https://www.legislation.gov.uk/ukpga/1995/26/schedule/3/paragraph/15 (the official version)
Page: https://openlegislation.uk/pensions-act-1995/schedule-3/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

