Part 1

The Pensions Regulator

Trustees of occupational pension schemes

Suspension orders
34
In section 4 of the Pensions Act 1995 (c. 26)
(suspension orders)—
a
after subsection (1)(a) insert—
aa
pending consideration being given to the institution of proceedings against him for an offence involving dishonesty or deception,
,
b
in subsection (2)—
i
in paragraph (a) after “paragraph (a)” insert “ or (aa) ”,
ii
after “have effect” insert “ in relation to a trust scheme ”, and
iii
after “section 3(1)” insert “ in relation to that scheme ”,
c
after subsection (5) insert—
5A
An application under subsection (5) may not be made—
a
during the period within which the determination to exercise the power to make an order under subsection (1) may be referred to the Tribunal under section 96(3) or 99(7) of the Pensions Act 2004, and
b
if the determination is so referred, until the reference, and any appeal against the Tribunal’s determination, has been finally disposed of.
, and
d. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
S. 34 in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7 (with transitional provisions and savings in S.I. 2005/695, arts. 5(8), 6, Schs. 2, 3 (as amended by S.I. 2005/1108, art. 3(b))
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)
S. 34(d) repealed (6.4.2010) by The Transfer of Tribunal Functions Order 2010 (S.I. 2010/22), art. 1(2)(g), Sch. 4 Pt. 2 (with Sch. 5)