{
  "url": "https://openlegislation.uk/pension-schemes-act-2021/section-93",
  "json_url": "https://openlegislation.uk/pension-schemes-act-2021/section-93.json",
  "legislation": "ukpga/2021/1",
  "legislation_title": "Pension Schemes Act 2021",
  "legislation_url": "https://openlegislation.uk/pension-schemes-act-2021",
  "path": "section/93",
  "kind": "section",
  "number": "93",
  "heading": "Prohibition on winding up except in accordance with continuity option 1",
  "text": "(1) A person may wind up a collective money purchase scheme only in accordance with continuity option 1 (see section 87).\n(2) Subsection (1) overrides any provision of a collective money purchase scheme to the extent that there is a conflict.\n(3) Article 10 of the Pensions (Northern Ireland) Order 1995 (civil penalties) applies to a person who fails to comply with subsection (1).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "S. 93 in force at Royal Assent for specified purposes, see s. 131(3)(a)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "S. 93 in force at 1.8.2022 in so far as not already in force by S.R. 2022/197, art. 3(a)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2021/1/section/93",
    "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."
}