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Changes over time for: Paragraph 5
Timeline of Changes
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Status:
Point in time view as at 01/08/2022.
Changes to legislation:
There are currently no known outstanding effects for the Pension Schemes Act 2021, Paragraph 5.
Changes to Legislation
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This section has no associated Explanatory Notes
5(1)A pause order, or an order made under any of paragraphs 2, 3 and 4, may be made in relation to a collective money purchase scheme—E+W+S
(a)in spite of any enactment or rule of law, or any rule of the scheme, that would otherwise operate to prevent the order being made, and
(b)without regard to any enactment, rule of law or rule of the scheme that would otherwise require, or might otherwise be taken to require, the implementation of any procedure or the obtaining of any consent, with a view to making the order.
(2)Sub-paragraph (1) does not have effect to authorise the Pensions Regulator to make an order as mentioned in that sub-paragraph if its doing so would be unlawful as a result of section 6(1) of the Human Rights Act 1998 (unlawful for public authority to act in contravention of a Convention right).
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