General provision about functions
110Board’s functions
(1)The Board must hold, manage and apply, in accordance with this Part and any provision in force in Northern Ireland corresponding to it—
(a)a fund to be known as the Pension Protection Fund, and
(b)a fund to be known as the Fraud Compensation Fund.
(2)Sections 175 and 189 make provision for contributions to those funds to be levied by the Board.
(3)The Board also has such other functions as are conferred on it by, or by virtue of, this or any other enactment.
111Supplementary powers
The Board may do anything which—
(a)is calculated to facilitate the exercise of its functions, or
(b)is incidental or conducive to their exercise.