275. Powers of the Regulator.

275.     Powers of the Regulator.

The powers conferred by the following provisions1 are exercisable where it appears to the Pensions Regulator2 with respect to a scheme (as a result of a report made to it or otherwise):


    (1)     that the trustees or managers3, when determining the methods and assumptions to be used in calculating the scheme's technical provisions4, have failed to comply with a requirement5 imposed on them6;


    (2)     that the trustees or managers have failed to comply with requirements7 with respect to the preparation or revision of a statement of funding principles8;


    (3)     that the trustees