PART IITHE PENSIONS REGULATOR
General provisions about functions
Transfer of OPRA's functions to the Regulator6
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
”
.