173 Pension Protection Fund
Pensions Act 2004 (2004 c 35) | Legislation

The fund

173  Pension Protection Fund

(1)     The Pension Protection Fund shall consist of—

(a)     property and rights transferred to the Board under section 161(2)(a),

(b)     contributions levied under section 174 or 175 (initial and pension protection levies),

[(ba)     interest paid by virtue of section 181A (interest for late payment of pension protection levy),]

(c)     money borrowed by the Board under section 115 for the purposes of this Chapter,

(d)     any income or capital gain credited under subsection (2),

(e)     any amount paid to the Board by virtue of section 139 (repayment of loans to trustees or managers and payment of interest),

(f)     amounts recovered under section 163(4)(a) or by virtue of section 168(2)(e) (overpayments),

(g)     any amount paid to the Board in respect

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