Search Legislation

Pension Schemes Act 2021

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Section 35

 Help about opening options

Changes to legislation:

There are currently no known outstanding effects for the Pension Schemes Act 2021, Section 35. Help about Changes to Legislation

35When a decision to withdraw authorisation becomes finalE+W+S

This section has no associated Explanatory Notes

(1)For the purposes of this Part, in relation to an item 1 or 2 triggering event, a decision to withdraw authorisation becomes final—

(a)in the circumstances set out in relation to the event in the second column of the table in subsection (2), and

(b)on the date given in relation to those circumstances in the third column of that table.

(2)The table is—

Triggering eventCircumstancesDate
Item 1 (issue of warning notice under the standard procedure)

1The Pensions Regulator makes a determination to withdraw the scheme's authorisation, and

2there is no referral of the determination to the Tribunal within the time period allowed for doing so.

The date of the Pensions Regulator's determination.
Item 2 (issue of determination notice under the special procedure)

1On a review under section 99 of the Pensions Act 2004, the Pensions Regulator makes a determination that the scheme's authorisation should be withdrawn, and

2there is no referral of the determination to the Tribunal within the time period allowed for doing so.

The date of the Pensions Regulator's determination.
Item 1 or 2

1On a referral to the Tribunal of a determination by the Pensions Regulator, the Tribunal makes a determination the effect of which is that the scheme's authorisation should be withdrawn, and

2either—

(a)no appeal is brought against the Tribunal's determination within the time period allowed for doing so, or

(b)an appeal is brought within that time period but is later withdrawn.

The date of the Tribunal's determination.
Item 1 or 2The effect of an appeal against a determination by the Tribunal is that the scheme's authorisation should be withdrawn.The date on which the appeal is finally disposed of.

(3)In this section “the Tribunal” has the meaning given in—

(a)section 96(7) of the Pensions Act 2004, in a case where the standard procedure applies;

(b)section 99(13) of that Act, in a case where the special procedure applies.

Commencement Information

I1S. 35 in force at Royal Assent for specified purposes, see s. 131(3)(a)

I2S. 35 in force at 1.8.2022 in so far as not already in force by S.I. 2022/721, reg. 3(a)

Back to top

Options/Help

You have chosen to open The Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act as a PDF

The Whole Act you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?

You have chosen to open the Whole Act

The Whole Act you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open Schedules only

The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?