780. Stopping disposal of assets of institutions administered in other EEA states.

The following provisions have effect until 31 December 2020. These provisions1 apply if the Pensions Regulator2 receives a request from the competent authority3 of an EEA state for assistance in prohibiting the free disposal of UK-held assets4 of a European pensions institution that has its main administration in that EEA state5. The court may on an application made by the Regulator with respect to UK-held assets of the institution grant an injunction restraining a defendant from disposing of, or otherwise dealing with, assets to which the application relates6. If the court grants an injunction7, it may by subsequent orders