642. Backdating the winding up of eligible schemes.

(vii)     Backdating of Winding Up; Pension Sharing

642.     Backdating the winding up of eligible schemes.

The provisions below1 apply where: (1) a qualifying insolvency event2 occurs in relation to the employer3 in relation to an eligible scheme4; and (2) the winding up of the scheme begins at or after the time of that event but not later than the first of specified events5 in relation to the scheme6. The provisions below7 also applies where: (a) the trustees or managers8 of an eligible scheme: (i) make an application to the Board of the Pension Protection Fund9; or (ii) receive