[71A Modification by Authority to secure winding-up]
Pensions Act 1995 (1995 c 26) | Legislation

[71A  Modification by Authority to secure winding-up]

[(1)     The Authority may at any time while—

(a)     an occupational pension scheme is being wound up, and

(b)     the employer in relation to the scheme is subject to an insolvency procedure,

make an order modifying that scheme with a view to ensuring that it is properly wound up.

(2)     The Authority shall not make such an order except on an application made to them, at a time such as is mentioned in subsection (1), by the trustees or managers of the scheme.

(3)     Except in so far as regulations otherwise provide, an application for the purposes of this section must be made in writing.

(4)     Regulations may make provision—

(a)     for the form and manner in which an application for the purposes of this section is to be made to the Authority;

(b)

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