[A51 Power to make provision in connection with pension schemes]

[A51  Power to make provision in connection with pension schemes]

[(1)     The Secretary of State may by regulations provide that, in a case where—

(a)     a moratorium—

(i)     is in force in relation to a company that is an employer in respect of an eligible scheme, or

(ii)     is or has been in force in relation to a company that has been an employer in respect of an eligible scheme at any time during the moratorium, and

(b)     the trustees or managers of the scheme are a creditor of the company,

the Board of the Pension Protection Fund may exercise any of

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