Paragraph 3 I1I2
(1)
If a pause order is made in relation to a Master Trust 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.
Annotations
Commencement
- I1
Sch. 1 para. 3 in force at 5.9.2018 for specified purposes by S.I. 2018/965, reg. 2(a)
- I2
Sch. 1 para. 3 in force at 1.10.2018 in so far as not already in force by S.I. 2018/965, reg. 2(b)