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SCHEDULES

SCHEDULE 19PROHIBITION ORDERS: CONSEQUENTIAL AMENDMENTS

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

5.  The 2005 Order is amended as follows.

6.  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);.

7.  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..

8.  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;.

9.  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;.

10.—(1) Schedule 2 (Pensions Regulator’s reserved regulatory functions) is amended as follows.

(2) After paragraph 5 insert—

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”.