The Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) (Amendment) Regulations 2020

Made: 21st July 2020

Laid before Parliament: 22nd July 2020

Coming into force: 23rd July 2020

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Citation, commencement and extent

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Amendment of the Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) Regulations 2020

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Amendment of regulation 1

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Amendment of regulation 2

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Amendment of regulation 3

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Signed

Thérèse Coffey — Secretary of State for Work and Pensions — 2020-07-21

Explanatory note

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Footnotes

[^f00001]: 1986 c. 45. Sections A51 and A55(1) were inserted by section 1 of the Corporate Insolvency and Governance Act 2020 (c. 12). Sections A51 and A55(1) have been applied to relevant CCBS by article 2(A1) of the Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) Order 2014 (S.I. 2014/229) (“the 2014 Order”), inserted by article 7(b) of the Co-operative and Community Benefit Societies and Credit Unions (Arrangements, Reconstructions and Administration) (Amendment) and Consequential Amendments Order 2020 (“the 2020 Order”) (S.I. 2020/744), with modifications set out in Part 1A of Schedule 1 to the 2014 Order, inserted by article 11 of the 2020 Order. The 2014 Order was amended by S.I. 2014/1815. “Relevant CCBS” is defined in article 1(2) of the 2014 Order.

[^f00002]: 2006 c. 46. Section 901I was inserted by section 7 of, and Schedule 9 to, the Corporate Insolvency and Governance Act 2020. Section 901I has been applied to relevant societies by article 2(4) of the 2014 Order, inserted by article 7(c) of the 2020 Order, with modifications set out in Part 2 of Schedule 2A to the 2014 Order, inserted by article 12 of the 2020 Order.

[^f00003]: S.I. 2020/693.

[^f00004]: S.I. 2014/229. The definition of “relevant CCBS” was inserted into the 2014 Order by article 6 of the 2020 Order.

[^f00005]: The modification to section 901A(4) was inserted into the 2014 Order by article 12 of the 2020 Order.

Editorial notes

[^key-0f8dcf3d1201c7a107687a3a069d71d2]: Regulations revoked (16.9.2020) by The Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) (Amendment and Revocation) Regulations 2020 (S.I. 2020/990), regs. 1(1), 6