PART 1FUNCTIONS 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.
2. The power by direction under section 97J(2) to extend the period for compliance with a transfer notice.
3. The power under regulations made by virtue of section 164(4) to require a person to pay a penalty.