{
  "url": "https://openlegislation.uk/pension-schemes-act-2021/schedule-3/paragraph-14",
  "json_url": "https://openlegislation.uk/pension-schemes-act-2021/schedule-3/paragraph-14.json",
  "legislation": "ukpga/2021/1",
  "legislation_title": "Pension Schemes Act 2021",
  "legislation_url": "https://openlegislation.uk/pension-schemes-act-2021",
  "path": "schedule/3/paragraph/14",
  "kind": "paragraph",
  "number": "14",
  "heading": null,
  "text": "(1) Section 93(2) (regulatory functions of the Pensions Regulator) is amended as follows.\n(2) In paragraph (pa)—\n(a) after “strategy” insert “ for Master Trust scheme ”;\n(b) omit the “and” at the end.\n(3) After paragraph (pa) insert—\n“(pb) the power to give a direction under section 23(2) of the Pension Schemes Act 2021 (direction to obtain actuarial valuation or take other steps to remedy or mitigate failure in relation to a collective money purchase scheme),\n(pc) the power to give a notice under section 29(1) or (4) of that Act (risk notices),\n(pd) the power to give a direction under section 29(6) of that Act (direction to implement proposals in a resolution plan),\n(pe) the power to give a direction under section 39(4) of that Act (direction to submit implementation strategy), and”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 3 para. 14 in force at Royal Assent for specified purposes, see s. 131(3)(a)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 3 para. 14 in force at 1.8.2022 in so far as not already in force by S.I. 2022/721, reg. 3(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2021/1/schedule/3/paragraph/14",
    "retrieved_at": "2026-10-29T08:59:16.686205+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}