SCHEDULE 6 Transfer of Property, Rights and Liabilities to the Board
Pensions Act 2004 (2004 c 35) | Legislation

SCHEDULE 6 Transfer of Property, Rights and Liabilities to the Board

Section 161

1

This Schedule applies where the property, rights and liabilities of an occupational pension scheme are transferred to the Board in accordance with section 161.

2

(1)     Subject to sub-paragraph (2), the property, rights and liabilities so transferred include—

(a)     property, rights and liabilities that would not otherwise be capable of being transferred or assigned,

(b)     property situated anywhere in the United Kingdom or elsewhere, and

(c)     rights and liabilities under the law of any part of the United Kingdom or of any country or territory outside the United Kingdom.

(2)     Where, but for this sub-paragraph, any rights or liabilities under a contract of employment between the trustees or managers of the scheme and an individual would

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