EXPLANATORY NOTE
(This note is not part of the Order)
This Order brings into force provisions in the Pensions Act 2008 (c.30) (“the Act”) on 1st April 2009 and on 6th April 2009. These provisions relate to the Pension Protection Fund.
Article 3 amends the Pension Protection Fund (Compensation) Regulations 2005 (S.I. 2005/670) in consequence of Part 2 of Schedule 2 to the Act coming into force.
A full Impact Assessment has not been produced for this Order as no impact on the private or voluntary sectors is foreseen.