SCHEDULES

SCHEDULE 4Pension Protection Fund

18Parliamentary control of subordinate legislation

1

Section 316(2) of the Pensions Act 2004 (subordinate legislation subject to affirmative procedure) is amended as follows.

2

Omit paragraph (a) (the administration levy).

3

In paragraph (f) (the levy ceiling) after “ceiling)” insert “which is made by virtue of section 178(8)”.

4

In paragraph (s) (the compensation cap) after “Fund)” insert “except an order which is made by virtue of paragraph 27 of that Schedule”.