SCHEDULES

SCHEDULE 2The reserved regulatory functions

Part 2Functions under the Pensions Act 1995 (c. 26)

I14

The power to make an order under section 3(1) prohibiting a person from being a trustee.

I25

The power to make an order under section 3(3) revoking such an order.

I36

The power to make an order under section 4(1) suspending a trustee.

I47

The power to make an order under section 4(2) extending the period for which an order under section 4(1) of that Act has effect.

I58

The power to make an order under section 4(5) revoking an order under section 4(1) of that Act suspending a trustee.

I69

The power to make an order appointing a trustee under any of the following provisions of section 7—

a

subsection (1) where a trustee is removed by an order under section 3 (prohibition orders);

b

subsection (3)(a) or (c).

I710

The power under section 9 to exercise by order the same jurisdiction and powers as the High Court or the Court of Session for vesting property in, or transferring property to, trustees in consequence of the appointment or removal of a trustee.

I811

The power to require a person to pay a penalty under section 10 (including under regulations made by virtue of subsection (3) of that section).

I912

The power to make an order under section 11 directing or authorising an occupational pension scheme to be wound up.

I1013

The power to give directions to trustees under section 15.

F113A

The duty under section 23(4), and regulations made thereunder, to compile and maintain a register of persons who satisfy prescribed conditions to act as independent trustees, but only in so far as that duty entails the removal of a person from that register if he does not satisfy, or no longer satisfies, any such prescribed condition.

I1114

The power under section 29(5) to give a notice waiving a disqualification under section 29 of that Act.

I1215

The power under section 30(2) to exercise by order the same jurisdiction and powers as the High Court or the Court of Session for vesting property in, or transferring property to, the trustees where a trustee becomes disqualified under section 29 of that Act.

F215A

The power under section 58(7) to extend or further extend the period referred to in section 58(6) of that Act in relation to a schedule of contributions for an occupational pension scheme.

15B

The power under section 60(7) to extend or further extend the period applicable under section 60(3) of that Act in relation to securing an increase in the value of the assets of an occupational pension scheme.

I1316

The power to make an order under section 67G(2) by virtue of which any modification of, or grant of rights under, an occupational pension scheme is void to any extent.

I1417

The power to make an order under section 67H(2) prohibiting, or specifying steps to be taken in relation to, the exercise of a power to modify an occupational pension scheme.

I1518

The power to make an order under section 69 authorising the modification of an occupational pension scheme or modifying the scheme.

I1619

The power to make an order under section 71A modifying an occupational pension scheme with a view to ensuring that it is properly wound up.