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Changes over time for: Paragraph 21
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Version Superseded: 01/08/2022
Status:
Point in time view as at 11/02/2021.
Changes to legislation:
There are currently no known outstanding effects for the Pension Schemes Act 2021, Paragraph 21.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
This section has no associated Explanatory Notes
21E+W+SIn Schedule 2 (the reserved regulatory functions), after Part 4A insert—
“PART 4B E+W+SFunctions under Part 1 of the Pension Schemes Act 2021
44HThe power to give a direction under section 23(2) (direction to obtain actuarial valuation or take other steps to remedy or mitigate failure in relation to a collective money purchase scheme).
44IThe power to give a direction under section 29(6) (direction to implement proposals in a resolution plan).
44JThe power under section 30 to withdraw authorisation of a collective money purchase scheme.
44KThe power to give a direction under section 41(4) (direction to pursue a continuity option).
44LThe power to make a pause order under section 44.
44MThe power to make an order under paragraph 2(2) of Schedule 2 extending the period for which a pause order has effect.
44NThe power to make an order under paragraph 3 of Schedule 2 validating action taken in contravention of a pause order.
44OThe power to make an order under paragraph 4(3) of Schedule 2 directing the notification of members or employers.”
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