122 Insolvency practitioner's duty to issue notices confirming status of scheme
Pensions Act 2004 (2004 c 35) | Legislation

Status of scheme

122  Insolvency practitioner's duty to issue notices confirming status of scheme

(1)     This section applies where an insolvency event has occurred in relation to the employer in relation to an occupational pension scheme.

(2)     An insolvency practitioner in relation to the employer must—

(a)     if he is able to confirm that a scheme rescue is not possible, issue a notice to that effect (a “scheme failure notice”), or

(b)     if he is able to confirm that a scheme

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