SCHEDULES
SCHEDULE 11Further provision relating to pension schemes: Northern Ireland
PART 1Funding of defined benefit schemes
Amendments of Part 4 of the Pensions (Northern Ireland) Order 2005
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1
Article 210 (powers of the Regulator) is amended as follows.
2
In paragraph (1), before sub-paragraph (za) insert—
zza
that the trustees or managers have failed to comply with any of the requirements of Article 200A (funding and investment strategy) or regulations under that Article;
3
In paragraph (2), after sub-paragraph (a) insert—
aa
it may give a direction requiring the trustees or managers to revise the scheme's funding and investment strategy in accordance with the direction;