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StatutePensions Act 2008

Section 114 — Pensions Act 2008: Time for discharge of liability

Text of the provision Official document

Time for discharge of liability 114 1 This section applies where the Board is subject to a liability in respect of a pension compensation credit.

2 The Board must discharge the liability before the end of the implementation period for the credit.

3 The Secretary of State may make provision by regulations as to circumstances in which the implementation period for the credit is extended for the purposes of this section.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.