C1Part 1The Pensions Regulator
Annotations:
Modifications etc. (not altering text)
Powers in relation to winding up of occupational pension schemes
I126Validation of action in contravention of freezing order
1
If a freezing order is made in relation to a scheme, the Regulator may by order validate action taken in contravention of the order.
2
Any of the following persons may apply to the Regulator for an order under this section validating particular action—
a
the trustees or managers of the scheme;
b
any person directly affected by the action.
Pt. 1 applied in part (with modifications) (20.7.2005 for specified purposes, 1.9.2005 for specified purposes, 5.12.2005 for specified purposes) by The Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986), regs. 1(1), 4, Sch. 1 Pt. 1 (as amended (17.7.2008) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/1903), regs. 1, 5(2), 13; (10.7.2009) by The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 (S.I. 2009/1851), regs. 1, 5, 18; (2.4.2010) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2010 (S.I. 2010/1149), regs. 1, 5, 15)