{
  "url": "https://openlegislation.uk/pensions-act-1995/section-123",
  "json_url": "https://openlegislation.uk/pensions-act-1995/section-123.json",
  "legislation": "ukpga/1995/26",
  "legislation_title": "Pensions Act 1995",
  "legislation_url": "https://openlegislation.uk/pensions-act-1995",
  "path": "section/123",
  "kind": "section",
  "number": "123",
  "heading": "“Connected” and “associated” persons.",
  "text": "(1) Sections 249 and 435 of the Insolvency Act 1986 (connected and associated persons) shall apply for the purposes of the provisions of this Act listed in subsection (3) as they apply for the purposes of that Act.\n(2) Section 229 of the Bankruptcy (Scotland) Act 2016 (meaning of “associate”) shall apply for the purposes of the provisions so listed as it applies for the purposes of that Act.\n(3) The provisions referred to in subsections (1) and (2) are—\n(a) section 23(3)(b),\n(b) sections 27 and 28,\n(c) section 40,\nbut in the case of section 40 the provisions mentioned in subsections (1) and (2) shall apply for those purposes with any prescribed modifications.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 123(2) substituted (30.11.2016) by The Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016 (S.I. 2016/1034), art. 1, Sch. 1 para. 13(5)"
    },
    {
      "type": "M",
      "label": "M1",
      "text": "1986 c. 45."
    },
    {
      "type": "I",
      "label": "I1",
      "text": "S. 123(1)(2) in force at 6.4.1997 in so far as not already in force by S.I. 1997/664, art. 2(3), Sch. Pt. 3"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "S. 123(3) in force at 6.4.1996 by S.I. 1996/778, art. 2(4), Sch. Pt. IV"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1995/26/section/123",
    "retrieved_at": "2026-10-29T09:33:00.251754+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}