510. Effect of winding up and assessment period on freezing orders.

Where:

  1.  

    (1)     the Pensions Regulator1 determines to make a winding up order2 in relation to a pension scheme ('a winding up order');

  2.  

    (2)     that determination is made during the period for which a freezing order has effect3 in relation to the scheme;

  3.  

    (3)     the case is not one to which the special procedure for immediate exercise of powers where there is an immediate risk to assets applies4; and

  4.  

    (4)     the winding up order accordingly cannot be made until the expiry of the period specified where a determination is referred to a tribunal5,

the freezing order is to continue to have