Transfer of OPRA's functions to the RegulatorN.I.
6.—(1) Subject to the provisions of this Order, the functions of the Occupational Pensions Regulatory Authority ( “OPRA”) conferred by or by virtue of—
(a)the Pension Schemes Act,
(b)the 1995 Order, and
(c)the 1999 Order,
are hereby transferred to the Regulator.
(2) Accordingly—
(a)in section 176(1) of the Pension Schemes Act (which defines “the Regulatory Authority” to mean OPRA), for the definition of “the Regulatory Authority” substitute—
“ “the Regulatory Authority” means the Pensions Regulator;”,
(b)in Article 121(1) of the 1995 Order (which defines “the Authority”, in Part II of that Order, to mean OPRA), for the definition of “the Authority” substitute—
“ “the Authority” means the Pensions Regulator;”,
(c)in Article 9(1) of the 1999 Order (which defines “the Authority”, in Part II of that Order, to mean OPRA), for the definition of “the Authority” substitute—
“ “the Authority” means the Pensions Regulator;”, and
(d)in Article 30 of that Order (time for discharge of pension credit liability), in paragraph (5) for “the Occupational Pensions Regulatory Authority” substitute “ the Pensions Regulator ”.