Explanatory note

This Order amends the Pensions Act (Commencement No. 6, Transitional Provisions and Savings) Order 2005 (S.I. 2005/1720) (the “Commencement Order”).

Article 1 provides for citation.

Article 2 amends the Commencement Order by omitting paragraph (8) of article 4 (transitional provisions). This amendment has effect from 26th June 2009.

The amendment will allow the Board of the Pension Protection Fund to make, in eligible cases, compensation payments under sections 83 and 84 of the Pensions Act 1995 (c.26) (and corresponding legislation in Northern Ireland) to trustees of eligible pension Schemes, notwithstanding that an application under section 82 of that Act (or that corresponding legislation) was made after 6th April 2006.

A full impact assessment has not been produced for this instrument as it has no impact on the private, public or voluntary sectors.