The Pensions Regulator

Member-nominated trustees and member-nominated directors

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Section 22 of the Pensions Act 1995

Section 22 of the Pensions Act 1995 applies to occupational pension schemes where after 6 April 2005 either:

• an insolvency practitioner begins to act either:
• • in relation to a company which is the employer of the scheme; or
  • in relation to an individual who is the employer of the scheme,

or:

• the official receiver becomes:
• • the liquidator or provisional liquidator of a company which is the employer of the scheme; or
  • the interim receiver of the property of a person who is the employer of the scheme; or
  • the receiver and the manager, or the trustee, of the estate of a bankrupt who is the employer of the scheme.

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