SCHEDULES
SCHEDULE 2The reserved regulatory functions
F1F1PART 4BFunctions under Part 1 of the Pension Schemes Act 2021
44H
The 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).
44I
The power to give a direction under section 29(6) (direction to implement proposals in a resolution plan).
44J
The power under section 30 to withdraw authorisation of a collective money purchase scheme.
44K
The power to give a direction under section 41(4) (direction to pursue a continuity option).
44L
The power to make a pause order under section 44.
44M
The power to make an order under paragraph 2(2) of Schedule 2 extending the period for which a pause order has effect.
44N
The power to make an order under paragraph 3 of Schedule 2 validating action taken in contravention of a pause order.
44O
The power to make an order under paragraph 4(3) of Schedule 2 directing the notification of members or employers.
Sch. 2 Pt. 4B inserted (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), s. 131(1)(3)(a), Sch. 3 para. 21; S.I. 2022/721, regs. 1(2), 3(a)