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Article 83C F1

(1)

A penalty under Article 83A is recoverable by the Regulator.

(2)

Such a penalty is, if the county court so orders, recoverable under Article 4 of the Judgments Enforcement (Northern Ireland) Order 1981 or otherwise as if it were payable under an order of that court.

(3)

The Regulator must pay into the Consolidated Fund a penalty recovered under this Article.

Annotations

Textual amendments

F1

Arts. 83A-83C and cross-heading inserted (1.10.2021) by Pension Schemes Act 2021 (c. 1), s. 131(2)(b), Sch. 8 para. 14; S.R. 2021/271, art. 2(3)(i) (with art. 3(5))