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The Pension Schemes Act 2021 (Commencement No. 3 and Transitional and Saving Provisions) Regulations 2021

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Transitional provision in respect of the Regulator’s power to impose fixed and escalating penalty notices

5.  The amendments made by section 112 of the Act do not apply in relation to—

(a)a duty to comply with—

(i)a notice issued under section 72 of the 2004 Act(1) (provision of information); or

(ii)a requirement under section 75 of the 2004 Act(2) (inspection of premises: powers of inspectors),

arising before 1st October 2021; or

(b)any act occurring before 1st October 2021 which prevented or hindered an inspector exercising any power under section 73 (inspection of premises), section 74(3) (inspection of premises in respect of employers’ obligations) or section 75 of the 2004 Act.

(1)

Section 72(1A) and (1B) of the Pensions Act 2004 is omitted by section 110 of the Pension Schemes Act 2021. There are other amendments made by other legislation but none is relevant.

(2)

Section 75 of the Pensions Act 2004 is amended by section 116 of, and Schedule 7 to, the Pension Schemes Act 2021. There are other amendments made by other legislation but none is relevant.

(3)

Section 74 of the Pensions Act 2004 is amended by section 61 of the Pensions Act 2008 (c. 30).

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