{
  "url": "https://openlegislation.uk/pension-schemes-act-2021/schedule-3/paragraph-21",
  "json_url": "https://openlegislation.uk/pension-schemes-act-2021/schedule-3/paragraph-21.json",
  "legislation": "ukpga/2021/1",
  "legislation_title": "Pension Schemes Act 2021",
  "legislation_url": "https://openlegislation.uk/pension-schemes-act-2021",
  "path": "schedule/3/paragraph/21",
  "kind": "paragraph",
  "number": "21",
  "heading": null,
  "text": "In Schedule 2 (the reserved regulatory functions), after Part 4A insert—\n“PART 4B\nFunctions under Part 1 of the Pension Schemes Act 2021\n44H The power to give a direction under section 23(2) (direction to obtain actuarial valuation or take other steps to remedy or mitigate failure in relation to a collective money purchase scheme).\n44I The power to give a direction under section 29(6) (direction to implement proposals in a resolution plan).\n44J The power under section 30 to withdraw authorisation of a collective money purchase scheme.\n44K The power to give a direction under section 41(4) (direction to pursue a continuity option).\n44L The power to make a pause order under section 44.\n44M The power to make an order under paragraph 2(2) of Schedule 2 extending the period for which a pause order has effect.\n44N The power to make an order under paragraph 3 of Schedule 2 validating action taken in contravention of a pause order.\n44O The power to make an order under paragraph 4(3) of Schedule 2 directing the notification of members or employers.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 3 para. 21 in force at Royal Assent for specified purposes, see s. 131(3)(a)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 3 para. 21 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/21",
    "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."
}