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16.—(1) The following functions under the Employer Debt Regulations are regulatory functions of the Pensions Regulator for the purposes of Part 1 of the 2004 Act—
(a)the power to make a direction under regulation 7(1);
(b)the power to issue a notice under section 7(3)(b);
(c)the power to make a direction under regulation 7(7);
(d)the power to issue a notice under regulation 7(8);
(e)the power to issue a notice under regulation 7(10);
(f)the power to issue a notice under regulation 7A(2).
(2) The Pensions Regulator may, if it thinks fit, delegate the functions specified in paragraph (1) to the Determinations Panel established under section 9 of the 2004 Act (the Determinations Panel).
(3) Omit regulation 3 of the Occupational Pension Schemes (Employer Debt etc) (Amendment) Regulations 2005(1).
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