ITV PLC and others v The Pensions Regulator with Box Clever Trustees Ltd as an Interested Party: [2018] UKUT 0164 (TCC)
Upper Tribunal Tax and Chancery decision of Mrs Justice Rose, Judge Herrington and Member Abrams on 18 May 2018.
Read the full decision in .
PENSIONS REGULATOR 鈥� Financial support direction 鈥� pension scheme of joint venture company insufficiently resourced 鈥� jurisdiction 鈥� whether Targets connected with or an associate of the employer at the relevant time 鈥� yes 鈥� whether the legislation can be applied to events all of which occurred before legislation came into force 鈥� yes 鈥� whether different treatment by Regulator of Targets to co-joint venturer lawful- yes- whether presence of moral hazard necessary 鈥� no 鈥� whether reasonable to impose financial support direction on the Targets 鈥� yes 鈥� Pensions Act 2004 ss 43, 100 & 103 鈥� references dismissed.