Part 1

The Pensions Regulator

New powers in respect of occupational and personal pension schemes

Injunctions and interdicts
15
1
If, on the application of the Regulator, the court is satisfied that—
a
there is a reasonable likelihood that a particular person will do any act which constitutes a misuse or misappropriation of any of the assets of an occupational or personal pension scheme, or
b
a particular person has done any such act and there is a reasonable likelihood that he will continue or repeat the act in question or do a similar act,
the court may grant an injunction restraining him from doing so or, in Scotland, an interdict prohibiting him from doing so.
2
The jurisdiction conferred by this section is exercisable by the High Court or the Court of Session.
S. 15 in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7
Pt. 1 applied in part (with modifications) (20.7.2005 for specified purposes, 1.9.2005 for specified purposes, 5.12.2005 for specified purposes) by The Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986), regs. 1(1), 4, Sch. 1 Pt. 1 (as amended (17.7.2008) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/1903), regs. 1, 5(2), 13; (10.7.2009) by The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 (S.I. 2009/1851), regs. 1, 5, 18; (2.4.2010) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2010 (S.I. 2010/1149), regs. 1, 5, 15)