The Pensions (Northern Ireland) Order 2005

The Pension Schemes Act

This section has no associated Explanatory Memorandum

6.  In section 49 (supervision: former contracted-out schemes), after subsection (1B) insert—

(1C) But where a direction under subsection (1) conflicts with a freezing order made by the Regulatory Authority under Article 19 of the Pensions (Northern Ireland) Order 2005 in relation to the scheme then, during the period for which the freezing order has effect, the direction to the extent that it conflicts with the freezing order—

(a)is not binding as described in subsection (1), and

(b)is not enforceable as described in subsection (1B)..