SCHEDULES
SCHEDULE 5Pause orders: Northern Ireland
3Validation of action in contravention of pause order
1
If a pause order is made in relation to a collective money purchase scheme, the Pensions 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 paragraph validating particular action—
a
the trustees of the scheme;
b
any person directly affected by the action.