Section 86 — Pensions Act 2008: Winding up of the Authority

Winding up of the Authority 86 1 Section 23 of the Pensions Act 2007 (c. 22) (winding up of the Authority) is amended as follows.

2 For subsection (1) substitute— 1 The Secretary of State may by order provide for the winding up and dissolution of the Authority.

3 Subsections (2) to (4) are omitted.

4 In subsection (5)(a), after “Secretary of State” insert “ or any other person ” .

5 In subsection (7)—

a the words after “ provision of ” become paragraph (a) of that subsection;

and b at the end of that paragraph insert — ;

b sections 79 to 85 of the Pensions Act 2008.