The following provisions1 apply where the Board of the Pension Protection Fund2 is required3 to assume responsibility for a scheme4. The Board must give the trustees or managers5 a notice (a 'transfer notice')6. A transfer notice may not be given in relation to a scheme during any period when the issue of, or failure to issue, a withdrawal notice
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This Practice Note considers claims for damages for breach of statutory duty. For guidance on claims for damages for a negligent breach of duty of care outside a statutory duty, see Practice Notes:•Negligence—when does a duty of care arise?•Negligence—when is the duty of care breached?Breach of
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