# Pensions Act 2004, Paragraph 14


In section 99 (trustees' duties after exercise of option)—
(a) in subsection (4) after “circumstances,” insert “ by direction ”, and
(b) in subsection (4A) for “in relation to applications for extensions under subsection (4)” substitute “ requiring applications for extensions under subsection (4) to meet prescribed requirements ”.

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Source: https://www.legislation.gov.uk/ukpga/2004/35/schedule/12/paragraph/14 (the official version)
Page: https://openlegislation.uk/pensions-act-2004/schedule-12/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.