The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations (Northern Ireland) 2023 No. 7

PART 4 N.I. Valuation and benefit adjustment

Powers of the Regulator N.I.

21.—(1) A direction issued by the Regulator under section 74(2)(a) of the 2021 Act (powers of the Pensions Regulator) must set out the matters that the Regulator has considered in determining to issue the direction.

(2) A direction issued by the Regulator under section 74(2)(b) of the 2021 Act must set out the following—

(a) the relevant matters that the Regulator has considered in determining to issue the direction;

(b) a timetable for implementing any steps or actions specified by the Regulator.

Commencement Information

I1 Reg. 21 in operation at 30.1.2023, see reg. 1