Part 3: The Pensions Regulator Contribution notices where avoidance of employer debt etc Section 105: Determination of sum specified in a contribution notice
This section amends section 39 of the Pensions Act 2004 by changing the date at which the shortfall sum, in respect of a contribution notice, will be calculated.
	Subsection (2) amends section 39(4) of the Pensions Act 2004 to set the "relevant time" of the shortfall sum in relation to a scheme to be the end of the most recent scheme year prior to the issuing of a determination notice.
	Subsection (3) omits subsection (4A) of section 39 of the Pensions Act 2004.