SCHEDULES
SCHEDULE 5

Pause orders: Northern Ireland

Validation of action in contravention of pause order
3
1
If a pause order is made in relation to a collective money purchase scheme, the Pensions Regulator may by order validate action taken in contravention of the order.
2
Any of the following persons may apply to the Regulator for an order under this paragraph validating particular action—
a
the trustees of the scheme;
b
any person directly affected by the action.
Sch. 5 para. 3 in force at Royal Assent for specified purposes, see s. 131(3)(a)
Sch. 5 para. 3 in force at 1.8.2022 in so far as not already in force by S.R. 2022/197, art. 3(a)