53 Restoration orders: supplementary
Pensions Act 2004 (2004 c 35) | Legislation

53  Restoration orders: supplementary

(1)     This section applies in relation to a restoration order under section 52 in respect of a transaction involving assets of a scheme (“the transaction”).

(2)     The restoration order may in particular—

(a)     require any assets of the scheme (whether money or other property) which were transferred as part of the transaction to be transferred back—

(i)     to the trustees or managers of the scheme, or

(ii)     where the Board of the Pension Protection Fund has assumed responsibility for the scheme, to the Board;

(b)     require any property to be transferred to the trustees or managers of the scheme or, where the Board has assumed responsibility for the scheme, to the Board if it represents in any person's hands—

(i)     any of the assets of the scheme which were transferred as part of the transaction, or

(ii)     property derived from any such assets so transferred;

(c)

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