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Pensions Act 2004

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Pensions Act 2004, Part 2 is up to date with all changes known to be in force on or before 29 March 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

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Part 2E+W+SFunctions under the Pensions Act 1995 (c. 26)

4E+W+SThe power to make an order under section 3(1) prohibiting a person from being a trustee.

Commencement Information

I1Sch. 2 para. 4 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

5E+W+SThe power to make an order under section 3(3) revoking such an order.

Commencement Information

I2Sch. 2 para. 5 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

[F15AE+W+SThe power under section 3A(3) to give a notice waiving a prohibition.]

Textual Amendments

6E+W+SThe power to make an order under section 4(1) suspending a trustee.

Commencement Information

I3Sch. 2 para. 6 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

7E+W+SThe power to make an order under section 4(2) extending the period for which an order under section 4(1) of that Act has effect.

Commencement Information

I4Sch. 2 para. 7 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

8E+W+SThe power to make an order under section 4(5) revoking an order under section 4(1) of that Act suspending a trustee.

Commencement Information

I5Sch. 2 para. 8 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

9E+W+SThe power to make an order appointing a trustee under any of the following provisions of section 7—

(a)subsection (1) where a trustee is removed by an order under section 3 (prohibition orders) [F2or by section 3A];

(b)subsection (3)(a) [F3, (c) or (d)].

Textual Amendments

F3Words in Sch. 2 para. 9(b) substituted (26.1.2009) by Pensions Act 2008 (c. 30), ss. 131(2), 149(5)

Commencement Information

I6Sch. 2 para. 9 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

10E+W+SThe power under section 9 to exercise by order the same jurisdiction and powers as the High Court or the Court of Session for vesting property in, or transferring property to, trustees in consequence of the appointment or removal of a trustee.

Commencement Information

I7Sch. 2 para. 10 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

11E+W+SThe power to require a person to pay a penalty under section 10 (including under regulations made by virtue of subsection (3) of that section).

Commencement Information

I8Sch. 2 para. 11 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

12E+W+SThe power to make an order under section 11 directing or authorising an occupational pension scheme to be wound up.

Commencement Information

I9Sch. 2 para. 12 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

13E+W+SThe power to give directions to trustees under section 15.

Commencement Information

I10Sch. 2 para. 13 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

[F413AE+W+SThe duty under section 23(4), and regulations made thereunder, to compile and maintain a register of persons who satisfy prescribed conditions to act as independent trustees, but only in so far as that duty entails the removal of a person from that register if he does not satisfy, or no longer satisfies, any such prescribed condition.]

14E+W+SThe power under section 29(5) to give a notice waiving a disqualification under section 29 of that Act.

Commencement Information

I11Sch. 2 para. 14 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

15E+W+SThe power under section 30(2) to exercise by order the same jurisdiction and powers as the High Court or the Court of Session for vesting property in, or transferring property to, the trustees where a trustee becomes disqualified under section 29 of that Act.

Commencement Information

I12Sch. 2 para. 15 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

[F515A.E+W+SThe power under section 58(7) to extend or further extend the period referred to in section 58(6) of that Act in relation to a schedule of contributions for an occupational pension scheme.

15B.E+W+SThe power under section 60(7) to extend or further extend the period applicable under section 60(3) of that Act in relation to securing an increase in the value of the assets of an occupational pension scheme.]

16E+W+SThe power to make an order under section 67G(2) by virtue of which any modification of, or grant of rights under, an occupational pension scheme is void to any extent.

Commencement Information

I13Sch. 2 para. 16 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

17E+W+SThe power to make an order under section 67H(2) prohibiting, or specifying steps to be taken in relation to, the exercise of a power to modify an occupational pension scheme.

Commencement Information

I14Sch. 2 para. 17 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

18E+W+SThe power to make an order under section 69 authorising the modification of an occupational pension scheme or modifying the scheme.

Commencement Information

I15Sch. 2 para. 18 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

19E+W+SThe power to make an order under section 71A modifying an occupational pension scheme with a view to ensuring that it is properly wound up.

Commencement Information

I16Sch. 2 para. 19 in force at 6.4.2005 by S.I. 2005/695, art. 2(1) (with arts. 4-6, Sch. 2, Sch. 3)

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