15E+WIn section 310 of the Insolvency Act 1986 (income payments orders)—
(a)in subsection (2), after “income of the bankrupt” there is inserted “ when taken together with any payments to which subsection (8) applies ”, and
(b)at the end of subsection (7), there is added— “and any payment under a pension scheme but excluding any payment to which subsection (8) applies.
(8)This subsection applies to—
(a)payments by way of guaranteed minimum pension; and
(b)payments giving effect to the bankrupt’s protected rights as a member of a pension scheme.
(9)In this section, “guaranteed minimum pension” and “protected rights” have the same meaning as in the Pension Schemes Act 1993.”
Commencement Information
I1Sch. 3 para. 15 in force at 6.4.1997 by S.I. 1997/664, art. 2(3), Sch. Pt. 3