The Pensions Act 2004 (PPF Payments and FAS Payments) (Consequential Provisions) Order 2006

This section has no associated Explanatory Memorandum

2.—(1) In section 4(1) (amount payable by way of a jobseeker’s allowance), in paragraph (b), for “and pension payments” substitute “, pension payments, PPF payments and FAS payments”.

(2) In section 35 (interpretation), in the appropriate alphabetical places, insert—

“FAS payments” means payments made under the Financial Assistance Scheme Regulations 2005;; and

“PPF payments” means any payments made in relation to a person—

(a)

payable under the pension compensation provisions as specified in section 162(2) of the Pensions Act 2004 or Article 146(2) of the Pensions (Northern Ireland) Order 2005 (the pension compensation provisions); or

(b)

payable under section 166 of the Pensions Act 2004 or Article 150 of the Pensions (Northern Ireland) Order 2005 (duty to pay scheme benefits unpaid at assessment date etc.);.