{
  "url": "https://openlegislation.uk/pension-schemes-act-2026/schedule/paragraph-21",
  "json_url": "https://openlegislation.uk/pension-schemes-act-2026/schedule/paragraph-21.json",
  "legislation": "ukpga/2026/22",
  "legislation_title": "Pension Schemes Act 2026",
  "legislation_url": "https://openlegislation.uk/pension-schemes-act-2026",
  "path": "schedule/paragraph/21",
  "kind": "paragraph",
  "number": "21",
  "heading": null,
  "text": "(1) Schedule 2 (the reserved regulatory functions) is amended as follows.\n(2) For the heading of Part 5 substitute “Functions under the Occupational and Personal Pension Schemes (Consultation by Employers and Miscellaneous Amendment) Regulations 2006 (S.I. 2006/349)”.\n(3) Parts 4A and 4B are moved to after Part 5 and are renumbered as (respectively) Parts 6 and 7.\n(4) Accordingly, paragraphs 44A to 44O are renumbered as (respectively) paragraphs 46 to 60.\n(5) After Part 7 (as moved and renumbered by sub-paragraph (3) above) insert—\n“Part 8\nFunctions under the Pension Schemes Act 2026\n61 The power under section 63(1) to authorise a superfund.\n62 The power under section 63(6) to withdraw authorisation from a superfund that has not yet received a superfund transfer.\n63 The power under section 66 to approve a superfund transfer.\n64 The power under section 78(1) to approve an individual to be responsible for a key function.\n65 The power under section 78(8) to suspend or revoke an individual’s approval to be responsible for a key function.\n66 The power under section 80(1) to approve a person to be a trustee of a superfund scheme.\n67 The power under section 80(8) to suspend or revoke a person’s approval to be a trustee of a superfund scheme.\n68 The power under section 94 to withdraw authorisation from an operating superfund.”",
  "extent": "E+W+S",
  "status": "prospective",
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. para. 21 not in force at Royal Assent, see s. 133(12)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2026/22/schedule/paragraph/21",
    "retrieved_at": "2026-10-29T08:41:23.531539+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."
}