The following provisions have effect until 31 December 2020. Where a UK employer1 makes (or proposes to make) contributions to a European pensions institution2, any function which the EU pensions Directive3 requires or authorises to be exercised by the competent authorities4 of the host EEA state5 is exercisable by the Pensions Regulator6. If the Regulator receives a notification in pursuance of the Directive7 from the competent authority in another EEA state, the Regulator must within two months inform that authority of any relevant legal requirements8.
Where a UK employer makes contributions to a European pensions institution, the Regulator must: (1)
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