Section A45

This section applies where— a moratorium— is in force in relation to a company that is an employer in respect of an eligible scheme, or is or has been in force in relation to a company that has been an employer in respect of an eligible scheme at any time during the moratorium, and the trustees or managers of the scheme are a creditor of the company. The Board of the Pension Protection Fund may make any application under section A42(1) or A44(1) that could be made by the trustees or managers as a creditor. For the purposes of such an application, any reference in section A42(1) or A44(1) to the interests of the applicant is to be read as a reference to the interests of the trustees or managers as a creditor. In this section eligible scheme has the meaning given by section 126 of the Pensions Act 2004.

← 6 · All articles · 1 →

Source: legislation.gov.uk · retrieved 2026-09-04