The Trustees of The Lehman Brothers Pension Scheme and The Pensions Regulator and LB RE Financing No 1 Ltd and 36 Others: FS/2010/0029-31
Upper Tribunal Tax & Chancery decision of Judge Bishopp and Judge Herrington on 14 June 2012.
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PENSIONS REGULATOR – Financial support direction - jurisdiction of the Tribunal – Whether Scheme Trustees are directly affected and able to make a reference – Yes – Whether determination not to include company associated with the employer within the scope of a financial support direction capable of forming the subject matter of a reference to the Tribunal – Yes – Whether Tribunal has jurisdiction to direct Regulator to issue a financial support direction notwithstanding the expiration of time for the Regulator to make such direction – Yes – Pensions Act 2004 Sections 43, 96, and 103.
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Published 1 December 2016