139 Loans to pay scheme benefits
Pensions Act 2004 (2004 c 35) | Legislation

139  Loans to pay scheme benefits

(1)     Subsection (2) applies where section 138(2) applies in relation to an eligible scheme.

(2)     Where the Board is satisfied that the trustees or managers of the scheme are not able to pay benefits under the scheme rules (reduced in accordance with section 138(2)) as they fall due, it may, on an application by the trustees or managers, lend to them such

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