SCHEDULES

SCHEDULE 19PROHIBITION ORDERS: CONSEQUENTIAL AMENDMENTS

The Pensions (Northern Ireland) Order 2005 (NI 1)

I15

The 2005 Order is amended as follows.

I26

In Article 7 (functions exercisable by the Determinations Panel), in paragraph (6), after sub-paragraph (e) insert—

ea

Article 3A(3) of that Order (application for waiver of prohibition);

I37

In Article 61 (register of prohibited trustees), in paragraph (1), for the words from “of all” to the end substitute

(“the prohibition register”) of—

a

all persons who are prohibited under Article 3 of the 1995 Order, and

b

all persons appearing to the Regulator to be prohibited under Article 3A of that Order.

I48

In Article 91 (Pensions Regulator's regulatory functions: standard procedure), in paragraph (6), after sub-paragraph (i) insert—

ia

the power under Article 3A(3) of that Order to give a notice waiving a prohibition;

I59

In Article 92 (Pensions Regulator's regulatory functions: special procedure), in paragraph (5), after sub-paragraph (j) insert—

ja

the power under Article 3A(3) of that Order to give a notice waiving a prohibition;

I610

1

Schedule 2 (Pensions Regulator's reserved regulatory functions) is amended as follows.

2

After paragraph 5 insert—

5A

The power under Article 3A(3) to give a notice waiving a prohibition.

3

In paragraph 9(a), after “orders)” insert “ or by Article 3A ”.