Explanatory note
(This note is not part of the Order)
This Order brings into force section 134(2)(d) of the Pensions Act 2004 on 23rd June 2009 for regulation making purposes and 21st July 2009 for all other purposes. Section 134(2)(d) allows the Board of the Pension Protection Fund to give a relevant person directions regarding the exercise, during an assessment period in relation to an eligible scheme, of that person’s powers in respect of prescribed matters.
A full impact assessment has not been produced for this Order as no impact on the private or voluntary sectors is foreseen.