Pensions Act 2004

Part 2 E+W+S Functions under the Pensions Act 1995 (c. 26)

4 E+W+S The power to make an order under section 3(1) prohibiting a person from being a trustee.

Commencement Information

I1 Sch. 2 para. 4 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

5 E+W+S The power to make an order under section 3(3) revoking such an order.

Commencement Information

I2 Sch. 2 para. 5 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

[F1 5A E+W+S The power under section 3A(3) to give a notice waiving a prohibition.]

Textual Amendments

F1 Sch. 2 para. 5A inserted (11.9.2014) by Pensions Act 2014 (c. 19), s. 56(1), Sch. 19 para. 10(2); S.I. 2014/2377, art. 2(1)(a)(i)(2)(l)

6 E+W+S The power to make an order under section 4(1) suspending a trustee.

Commencement Information

I3 Sch. 2 para. 6 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

7 E+W+S 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.

Commencement Information

I4 Sch. 2 para. 7 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

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

Commencement Information

I5 Sch. 2 para. 8 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

9 E+W+S 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) [F2 or by section 3A];

(b) subsection (3)(a) [F3 , (c) or (d)].

Textual Amendments

F2 Words in Sch. 2 para. 9(a) inserted (11.9.2014) by Pensions Act 2014 (c. 19), s. 56(1), Sch. 19 para. 10(3); S.I. 2014/2377, art. 2(1)(a)(i)(2)(l)

F3 Words in Sch. 2 para. 9(b) substituted (26.1.2009) by Pensions Act 2008 (c. 30), ss. 131(2), 149(5)

Commencement Information

I6 Sch. 2 para. 9 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

10 E+W+S 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.

Commencement Information

I7 Sch. 2 para. 10 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

11 E+W+S 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).

Commencement Information

I8 Sch. 2 para. 11 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

12 E+W+S The power to make an order under section 11 directing or authorising an occupational pension scheme to be wound up.

Commencement Information

I9 Sch. 2 para. 12 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

13 E+W+S The power to give directions to trustees under section 15.

Commencement Information

I10 Sch. 2 para. 13 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

[F4 13A E+W+S 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.]

Textual Amendments

F4 Sch. 2 para. 13A inserted (11.4.2005) by The Occupational Pension Schemes (Independent Trustee) Regulations 2005 (S.I. 2005/703), regs. 1(1), 5

14 E+W+S The power under section 29(5) to give a notice waiving a disqualification under section 29 of that Act.

Commencement Information

I11 Sch. 2 para. 14 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

15 E+W+S 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.

Commencement Information

I12 Sch. 2 para. 15 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

[F5 15A. E+W+S 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.

Textual Amendments

F5 Sch. 2 paras. 15A, 15B, inserted (19.8.2005) by The Occupational Pension Schemes (Miscellaneous Amendments) Regulations 2005 (S.I. 2005/2113), regs. 1(1), 2(2) (with reg. 2(3))

15B. E+W+S 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.]

Textual Amendments

F5 Sch. 2 paras. 15A, 15B, inserted (19.8.2005) by The Occupational Pension Schemes (Miscellaneous Amendments) Regulations 2005 (S.I. 2005/2113), regs. 1(1), 2(2) (with reg. 2(3))

16 E+W+S 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.

Commencement Information

I13 Sch. 2 para. 16 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

17 E+W+S 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.

Commencement Information

I14 Sch. 2 para. 17 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

18 E+W+S The power to make an order under section 69 authorising the modification of an occupational pension scheme or modifying the scheme.

Commencement Information

I15 Sch. 2 para. 18 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

19 E+W+S 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.

Commencement Information

I16 Sch. 2 para. 19 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)