[58C Financial penalty for avoidance of employer debt]
Pensions Act 2004 (2004 c 35) | Legislation

[58C  Financial penalty for avoidance of employer debt]

[(1)     This section applies in relation to an occupational pension scheme other than—

(a)     a money purchase scheme, or

(b)     a prescribed scheme or a scheme of a prescribed description.

(2)     Section 88A (financial penalties) applies to a person who was party to an act or deliberate failure to act the main purpose or one of the main purposes of which was—

(a)     to prevent the recovery of the whole or any part of a debt which is due from the employer

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