Pension Schemes Act (Northern Ireland) 2021

[^key-94bc41328e01f0a8d6680d19179c18c8]: Pt. 1 excluded (6.4.2022) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2022 (S.R. 2022/121), regs. 1, 27(1)

[^key-94cc1a92a607b29844b20cdc4711910d]: Sch. 2 para. 13 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-952b1831f870884f7487a483cea8b2c1]: Sch. 3 para. 10 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-959363798471529f05dbf8599dcdfd74]: Sch. 2 para. 5 in operation at 10.8.2021, see s. 44(1)(b)

[^key-96636001576fec8be13174be19f13b53]: Sch. 2 para. 9 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-972cbf0b715808eccfa4ba66a87bcc83]: Sch. 3 para. 17 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-9841ac005b8611c110e20da395681d15]: S. 18 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-9849d3f50eb0f189908098bd3de82089]: S. 24 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-98a091987b82622f3cae81f1b4898a23]: S. 43 in operation at 10.8.2021, see s. 44(1)(e)

[^key-98b103a205285c72ee0fcf0317964853]: S. 33 transitional provision for commencement by 2021 c. 6 (N.I.), s. 44(1)(a)(b) (11.8.2021) by The Pension Schemes (2021 Act) (Commencement No. 1 and Transitional Provisions) Order (Northern Ireland) 2021 (S.R. 2021/234), art. 3

[^key-98bd1b158668996961d7f0853623fb16]: Sch. 1 para. 5 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-9d3b85955d121003c09a493bccc43cd1]: S. 27 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-9e3032c415c2c78fe460b582de365fc4]: S. 40 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-9f9f453b5fc442d0a371a51cd26ddaa0]: S. 29 not in operation at Royal Assent, see s. 44(2)

[^key-a0a55aa5784ec0705b306a986485379c]: Sch. 3 para. 22 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-a1e415aac728fe4d2f112743c847ed38]: Sch. 2 para. 1 in operation at 10.8.2021, see s. 44(1)(b)

[^key-a21a98f66827b79a245af867ad4b8b1d]: S. 33 in operation at 10.8.2021 for specified purposes, see s. 44(1)(a)(iv)

[^key-a2c9f54ac2366eaf96bba0d2246e947b]: S. 21 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-a3978010c9ef163f463da49521fbe86a]: Sch. 2 para. 9 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-a568a08e44df5bff0f7245f051bd62fc]: S. 4 not in operation at Royal Assent, see s. 44(2)

[^key-a642cafd1cc975c40955f290ed9f0d52]: Sch. 3 para. 14 not in operation at Royal Assent, see s. 44(2)

[^key-a6a6388e83e829857b8151560498b8c6]: Words in s. 23(2)(a) inserted (16.3.2022 for specified purposes, 6.4.2022 in so far as not already in operation) by Pension Schemes Act (Northern Ireland) 2021 (c. 6), s. 44(2), Sch. 2 para. 11(a)(ii); S.R. 2022/110, art. 2(a)(b)

[^key-a87cbfdf4b9918818809bebd71dc96af]: Sch. 3 para. 6 in operation at 10.8.2021, see s. 44(1)(c)

[^key-a8dae272a46349301ea383b0d8190307]: Sch. 3 para. 22 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-a8e0c94098a170a48b942f96298dbfe8]: Sch. 3 para. 1 in operation at 10.8.2021, see s. 44(1)(c)

[^key-ab801a5f56c3e469505e52ca109be5dd]: S. 19 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-af1025abca433d0d43b749bbe4625ab6]: Sch. 3 para. 11 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-b0c8a2958528dd80dd13aec56687c38a]: Sch. 1 para. 2 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-b234afc18496718da8fd1e790400fe6a]: S. 3 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-b2d950d02fee7d3f2bae546cd43220b8]: Words in s. 28(3)(a) inserted (16.3.2022 for specified purposes, 6.4.2022 in so far as not already in operation) by Pension Schemes Act (Northern Ireland) 2021 (c. 6), s. 44(2), Sch. 2 para. 13; S.R. 2022/110, art. 2(a)(b)

[^key-b33fc56de50e2203e3f57b39631a3501]: S. 27 not in operation at Royal Assent, see s. 44(2)

[^key-b520f8a57fbc53433240658955696308]: S. 26 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-b60ac0b6859ca131d6b96b32dbc64f04]: S. 38 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-b6800c25b1ae0ad05bb44dd24b569716]: Ss. 20-22 transitional provision for commencement by 2021 c. 6 (N.I.), s. 44(1)(a)(b) (11.8.2021) by The Pension Schemes (2021 Act) (Commencement No. 1 and Transitional Provisions) Order (Northern Ireland) 2021 (S.R. 2021/234), art. 3

[^key-b7a12262686008545a3b3014cadb9561]: S. 14 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-b8bd2fa60eae9be16e9574c8c3cbf828]: Sch. 3 para. 17 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-b9555644895325a5526a12d48bb0be92]: S. 33 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-ba2e0e64351933c3851eb8344d3852a4]: S. 38 in operation at 10.8.2021 for specified purposes, see s. 44(1)(a)(v)(c)

[^key-bd3a8b48d2fc595eb914ebb827e5d0ce]: S. 12 not in operation at Royal Assent, see s. 44(2)

[^key-bd6f288f903889d997e08e039affd0ff]: S. 28 not in operation at Royal Assent, see s. 44(2)

[^key-be2394544eb8c51c6e1620f9f648dfab]: Sch. 2 para. 14 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-c017aa5182cb07b5cd418fa49de3052b]: Word in s. 17 heading inserted (16.3.2022 for specified purposes, 6.4.2022 in so far as not already in operation) by Pension Schemes Act (Northern Ireland) 2021 (c. 6), s. 44(2), Sch. 3 para. 21(2); S.R. 2022/110, art. 2(a)(b)

[^key-c0c03f36b0fb072d33ca217038c6866d]: Sch. 2 para. 15 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-c13371cb841e7dadfdafed675713f04e]: S. 33 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-c167c2c30bf0b5146950eb7c341818d0]: Sch. 3 para. 20 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-c50f492d622bb2affce8383246282369]: Words in s. 34(1) inserted (16.3.2022 for specified purposes, 6.4.2022 in so far as not already in operation) by Pension Schemes Act (Northern Ireland) 2021 (c. 6), s. 44(2), Sch. 2 para. 14(a)(i); S.R. 2022/110, art. 2(a)(b)

[^key-c543ac058fd0e8041f9946862119419c]: Sch. 3 para. 16 not in operation at Royal Assent, see s. 44(2)

[^key-c5c86e29675fba872455772b4fae3c39]: S. 10 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-c5d7d1e6436b49ab7097f8a3d879d75f]: S. 15 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-c62622bb4dce582b9fcf5931dd28dbba]: Sch. 2 para. 13 not in operation at Royal Assent, see s. 44(2)

[^key-c7ba37c79fde4ef97af728360ce18c70]: Sch. 3 para. 10 not in operation at Royal Assent, see s. 44(2)

[^key-c8414ade31e24dbe41038ee13f2268ed]: Sch. 2 para. 12 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-c8b41fe62c6b6aa30c6ecdb7889f2f4e]: S. 31 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-c8b51ca4c5a3c50a0e001a9ecc886faa]: S. 10 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-ca60b397ad05850788aba55ce49d3e5c]: S. 37 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-cd322ff45dc3da2200ea275ee47cbf8e]: Sch. 3 para. 5 in operation at 10.8.2021 for specified purposes, see s. 44(1)(a)(v)

[^key-ce4c530ec7ec5475d8481ffa7ae3705c]: Sch. 3 para. 5 in operation at 13.9.2021 for specified purposes by S.R. 2021/234, art. 2(b)

[^key-cf2d13bc8fa09b18d7a6bd460240492a]: Sch. 3 para. 16 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-cf8719c05009d65f5a1cfcd0933bb350]: S. 17(1)(b) and word inserted (16.3.2022 for specified purposes, 6.4.2022 in so far as not already in operation) by Pension Schemes Act (Northern Ireland) 2021 (c. 6), s. 44(2), Sch. 3 para. 21(3)(b); S.R. 2022/110, art. 2(a)(b)

[^key-d7027bf41b1e13c00dbfdfb6ee7f22ab]: Sch. 3 para. 20 not in operation at Royal Assent, see s. 44(2)

[^key-d70f0dea9a1ae98240366d5daf196f47]: Sch. 2 para. 9 not in operation at Royal Assent, see s. 44(2)

[^key-d8c89ecd9e81b9bfb29ac8107a2f7be3]: S. 13 not in operation at Royal Assent, see s. 44(2)

[^key-da506728c4c15f4f56501ec86c7c471e]: Words in s. 26(3) inserted (16.3.2022 for specified purposes, 6.4.2022 in so far as not already in operation) by Pension Schemes Act (Northern Ireland) 2021 (c. 6), s. 44(2), Sch. 2 para. 12(b); S.R. 2022/110, art. 2(a)(b)

[^key-dc13e763b900d189001a9ea6cde836c3]: S. 28 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-dcfb8159791fd9a8e53c7c356333424c]: Sch. 3 para. 14 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-dd02972bd3bbccd216a7c2e3f6e1d131]: Words in s. 26(2) inserted (16.3.2022 for specified purposes, 6.4.2022 in so far as not already in operation) by Pension Schemes Act (Northern Ireland) 2021 (c. 6), s. 44(2), Sch. 2 para. 12(a)(ii); S.R. 2022/110, art. 2(a)(b)

[^key-ddf43a97423b576d640ca9a9cfda78bc]: S. 39 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-def66ec6b0f59947fcaa8a7e2832d1ab]: S. 14 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-df8b301773db5c5511e32b458a3597d9]: S. 18 transitional provision for commencement by 2021 c. 6 (N.I.), s. 44(1)(a)(b) (11.8.2021) by The Pension Schemes (2021 Act) (Commencement No. 1 and Transitional Provisions) Order (Northern Ireland) 2021 (S.R. 2021/234), art. 3

[^key-e0590eb25b7659d48db21312b35c5c92]: S. 19 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-e08c1f042b876afa518cdd3964de3a83]: S. 10 not in operation at Royal Assent, see s. 44(2)

[^key-e09e4bb6b99dfedbc076f99aa6bf90c3]: S. 21 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-e0ed28b9d476698781bfd77b81152ca3]: Sch. 2 para. 10 not in operation at Royal Assent, see s. 44(2)

[^key-e2af554b8ff52703ada7dfcab8a1a3fb]: Sch. 3 para. 7 not in operation at Royal Assent, see s. 44(2)

[^key-e2b10daed4243e1cb99b38596a0426b9]: S. 40 not in operation at Royal Assent, see s. 44(2)

[^key-e5ff2f03b434800fc062a376bbe09d59]: S. 27 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-e74e0e0042764bc81b2989031abdab42]: Sch. 1 para. 1 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-e760a899f066fedc56e4773319b8f466]: Sch. 1 para. 1 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-e7d57b572354762173bf9f625b1b016c]: S. 16 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-e96c45ccfd181ea819acf4b878e85e47]: Sch. 3 para. 2 in operation at 10.8.2021, see s. 44(1)(c)

[^key-ea6bf5b569a91e88b1cd0c5c151e79df]: Sch. 1 para. 1 not in operation at Royal Assent, see s. 44(2)

[^key-ec2b1e2a37b7980b0090b7280efb6b44]: Sch. 3 para. 21 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-ed6d514792f74b981f5ff01b32214984]: S. 11 not in operation at Royal Assent, see s. 44(2)

[^key-ed9324c8c0fd7e081979be890b831de2]: S. 8 not in operation at Royal Assent, see s. 44(2)

[^key-ee3c68d9b78b85a075fed23910290032]: Sch. 2 para. 11 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-eece2bd9ddc27c7f5e1007a9ec826756]: S. 30 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-f0105edf24fa7190f86e5191b67281f1]: Sch. 2 para. 11 not in operation at Royal Assent, see s. 44(2)

[^key-f422d68da422e0028a061fb139d8b706]: S. 9 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-f7e97609fc798e3cf047b7fa93a131d8]: Sch. 3 para. 12 not in operation at Royal Assent, see s. 44(2)

[^key-f890dc6045961114298051ba962ed47a]: Sch. 2 para. 8 not in operation at Royal Assent, see s. 44(2)

[^key-f89a5cf8b449e95f817782f6abfcf943]: S. 2 transitional provision for commencement by 2021 c. 6 (N.I.), s. 44(1)(a)(b) (11.8.2021) by The Pension Schemes (2021 Act) (Commencement No. 1 and Transitional Provisions) Order (Northern Ireland) 2021 (S.R. 2021/234), art. 3

[^key-f9a2f2f859e58889434eec1e0abae185]: S. 39 transitional provision for commencement by 2021 c. 6 (N.I.), s. 44(1)(a)(b) (11.8.2021) by The Pension Schemes (2021 Act) (Commencement No. 1 and Transitional Provisions) Order (Northern Ireland) 2021 (S.R. 2021/234), art. 3

[^key-fc07527ee3f34cc85718b8f4ba22ed64]: S. 8 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-fc4de95a6dfe51a99fec73035d9ed971]: Sch. 2 para. 8 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-fd5eb5343bf5224933220d51d8617c14]: Words in s. 26(2) inserted (16.3.2022 for specified purposes, 6.4.2022 in so far as not already in operation) by Pension Schemes Act (Northern Ireland) 2021 (c. 6), s. 44(2), Sch. 2 para. 12(a)(i); S.R. 2022/110, art. 2(a)(b)

[^key-fe855749212b813cc6a2bab59e0ceb69]: Sch. 3 para. 13 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)

[^key-ff7cdfc4357b11b7d5a623e796b0a380]: Sch. 3 para. 9 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)

[^key-64cbe52cbb3da843f1b6c12b6fb54865]: S. 10(3) restricted (3.10.2022) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2022 (revoked) 2022 (S.R. 2022/234), regs. 1, 8(5)

[^key-3b1c44eac21610140494d92f690afc67]: Pt. 1 excluded (N.I.) (3.10.2022) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2022 (revoked) 2022 (S.R. 2022/234), regs. 1, 26, 27

[^key-7116ed443b5bcffe7f48a7ffb3b3b310]: Pt. 1 applied (with modifications) (N.I.) (3.10.2022) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2022 (revoked) 2022 (S.R. 2022/234), regs. 1, 28, 29

[^key-faacce84b72399eedf31fa64c13e7ecd]: S. 31 modified (1.4.2023) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2023 (S.R. 2023/59), regs. 1, 28(4)(b)

[^key-88bf90d612c410acdf60e2fc7ee1efbf]: Pt. 1 excluded (1.4.2023) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2023 (S.R. 2023/59), regs. 1, 26(1)

[^key-62e6d7f43611c6ff1b9dce7ebd25fdb3]: Pt. 1 excluded (1.4.2023) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2023 (S.R. 2023/59), regs. 1, 27(1)

[^key-fc813085b485cac9fd521aec8ffa5b50]: Pt. 1 modified (1.4.2023) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2023 (S.R. 2023/59), regs. 1, 28(2)

[^key-d2d37b421fae2cf6b8fb5dfe31be225d]: Pt. 1 modified (1.4.2023) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2023 (S.R. 2023/59), regs. 1, 28(4)(a)

[^key-abd9c9ca3aaa117076d5d20322fcdca6]: S. 8 restricted (1.4.2023) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2023 (S.R. 2023/59), regs. 1, 8(5)

[^key-afe1914e102159932af561486099c7af]: S. 31 modified (29.9.2023) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2023 (S.R. 2023/148), regs. 1, 28(4)(b)

[^key-d527298b561c8a468627a046fd016d3e]: S. 10(3) restricted (29.9.2023) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2023 (S.R. 2023/148), regs. 1, 8(5)

[^key-92fa98c4303db71c13b3c42e585cc51d]: Pt. 1 excluded (29.9.2023) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2023 (S.R. 2023/148), regs. 1, 26

[^key-b6083f1f92286a622a2640c0b460a4d6]: Pt. 1 excluded (29.9.2023) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2023 (S.R. 2023/148), regs. 1, 27

[^key-93b050f3dd1f4677f685ae356556f996]: Pt. 1 applied (with modifications) (29.9.2023) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2023 (S.R. 2023/148), regs. 1, 28(2)

[^key-a88465138389e6a66d2b488522ae2f19]: Pt. 1 applied (with modifications) (29.9.2023) by The Occupational Pension Schemes (Master Trusts) (No. 2) Regulations (Northern Ireland) 2023 (S.R. 2023/148), regs. 1, 28(4)(a)

[^key-2b0ca99e4b3f507a533ecab34b9f6c21]: S. 31 modified (27.3.2024) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2024 (S.R. 2024/78), regs. 1, 28(4)(b)

[^key-1a2a66d655ff1d0b479a09d32e811494]: S. 10(3) restricted (27.3.2024) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2024 (S.R. 2024/78), regs. 1, 8(5)

[^key-023f29ba25b400466be62c2b20292097]: Pt. 1 excluded (27.3.2024) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2024 (S.R. 2024/78), regs. 1, 26

[^key-aa7e59fba4db9acf4b0b962afea0b968]: Pt. 1 excluded (27.3.2024) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2024 (S.R. 2024/78), regs. 1, 27

[^key-28c6f4096efdd30eeb08f1cff1845055]: Pt. 1 applied (with modifications) (27.3.2024) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2024 (S.R. 2024/78), regs. 1, 28(2)

[^key-0a7c0ae8f9cb3e122282703e0c166f36]: Pt. 1 applied (with modifications) (27.3.2024) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2024 (S.R. 2024/78), regs. 1, 28(4)(a)

Escalating penalty notice for failure to comply with request for information etc

Withdrawal of authorisation

Triggering event: duties of trustees

Triggering events

Notification requirements

Duty to pursue continuity option

Continuity option 1: transfer out and winding up

Continuity option 2: resolving triggering event

Approval of implementation strategy

Content of implementation strategy

Duty to pursue continuity option

When it becomes clear that authorisation not to be withdrawn

Periodic reporting requirement

Pause orders

Prohibition on new employers during triggering event period

Prohibition on increasing charges etc during triggering event period

When it becomes clear that authorisation not to be withdrawn

When a decision to withdraw authorisation becomes final

Fraud compensation

Master trusts in operation on commencement: transitional provision

Minor and consequential amendments

Interpretation of Part 1

Regulations modifying application of Part 1

Power to override contract terms

Regulations: general provisions

General interpretation

Commencement

Short title

Master Trust schemes: definition

Relevant public service pension schemes

Prohibition on operating a scheme unless authorised

Application for authorisation

Decision on application

Referral to Tribunal of refusal to grant authorisation

Fit and proper persons requirement

Financial sustainability requirement: business plan

Financial sustainability requirement: business plan

Scheme funder requirements

Systems and processes requirements

Continuity strategy requirement

Requirement to submit annual accounts

Triggering event: duties of trustees

Triggering events

Notification requirements

Continuity options

Continuity option 1: transfer out and winding up

Continuity option 2: resolving triggering event

Content of implementation strategy

Duty to pursue continuity option

Prohibition on winding up except in accordance with continuity option 1

Periodic reporting requirement

Pause orders

Prohibition on new employers during triggering event period

Prohibition on increasing charges etc during triggering event period

When a decision to withdraw authorisation becomes final

Fraud compensation

Master trusts in operation on commencement: transitional provision

Minor and consequential amendments

Interpretation of Part 1

Regulations modifying application of Part 1

Power to override contract terms

Regulations: general provisions

General interpretation

Commencement

Short title

Scheme funder requirements

Systems and processes requirements

Continuity strategy requirement

List of authorised schemes

Triggering event: duties of trustees

Triggering events

Notification requirements

Continuity options

Continuity option 1: transfer out and winding up

Continuity option 2: resolving triggering event

Approval of implementation strategy

Content of implementation strategy

Prohibition on winding up except in accordance with continuity option 1

Periodic reporting requirement

Pause orders

Prohibition on new employers during triggering event period

Prohibition on increasing charges etc during triggering event period

When it becomes clear that authorisation not to be withdrawn

When a decision to withdraw authorisation becomes final

Fraud compensation

Master trusts in operation on commencement: transitional provision

Minor and consequential amendments

Interpretation of Part 1

Regulations modifying application of Part 1

Power to override contract terms

Regulations: general provisions

General interpretation

Commencement

Short title