499. Improvement notices.

If the Pensions Regulator1 is of the opinion that a person:

  1.  

    (1)     is contravening2 one or more provisions of the pensions legislation3; or

  2.  

    (2)     has contravened one or more of those provisions in circumstances that make it likely that the contravention will continue or be repeated,

it may issue a notice (an 'improvement notice') to that person directing him to take, or refrain from taking, such steps as are specified in the notice in order to remedy or prevent a recurrence of the contravention4. An improvement notice must: (a) state that the Regulator is of that opinion and specify the

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