Pension Schemes Act (Northern Ireland) 2021

Period of effect etc of a pause order

2.—(1) A pause order must specify the period for which it has effect, which must not exceed three months.

(2) The Regulator may on one or more occasions by order extend the period for which the pause order has effect for a further three months.

(3) A pause order that is in effect at the end of the triggering event period ceases to have effect at the end of that period.