21 Pension liberation: repatriation orders
Pensions Act 2004 (2004 c 35) | Legislation

21  Pension liberation: repatriation orders

(1)     Subsections (2) and (3) apply where—

(a)     a restraining order has effect, and

(b)     the Regulator is satisfied that the restrained account contains an amount of money liberated from a pension scheme.

(2)     The Regulator may by order—

(a)     direct the deposit-taker concerned to pay from the account a sum not exceeding that amount—

(i)     towards a pension scheme,

(ii)     towards an annuity or insurance policy, or

(iii)

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