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SCHEDULES

SCHEDULE 2N.I.THE RESERVED REGULATORY FUNCTIONS

PART 1N.I.FUNCTIONS UNDER THE PENSION SCHEMES ACT

1.  The power by direction under section 95(4) to grant an extension of the period within which the trustees or managers of a scheme are to carry out certain duties.N.I.

2.  The power by direction under section 97J(2) to extend the period for compliance with a transfer notice.N.I.

3.  The power under regulations made by virtue of section 164(4) to require a person to pay a penalty.N.I.

[F13A  A power under section 20H (compliance with conditions of conversion of guaranteed minimum pension).]N.I.

F1Sch. 2 para. 3A added (3.3.2009 for certain purposes otherwise 6.4.2009) by Pensions Act (Northern Ireland) 2008 (c. 1), ss. 12(7), 21(1)(a); S.R. 2009/75, art. 2