Pension Protection Fund (Payments to meet Investment Costs) Regulations 2005 come into force
Implementation date: 7 July 2005
The Regulations make provision for the Board of the Pension Protection Fund to make payments from the Pension Protection Fund to fund managers or custodians in relation to contractual liabilities relating to the investment of the Fund. The contracts entered into must be necessary for the prudent management of the Fund. The Regulations can be viewed on the OPSI website.