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StatutePensions Act 2004

Section 88C — Pensions Act 2004: Financial penalties: recovery

Text of the provision Official document

Financial penalties: recovery 88C 1 A penalty under section 88A is recoverable by the Regulator.

2 In England and Wales, such a penalty is, if the county court so orders, recoverable under section 85 of the County Courts Act 1984 or otherwise as if it were payable under an order of that court.

3 In Scotland, a notice to pay such a penalty is enforceable as if it were an extract registered decree arbitral bearing a warrant for execution issued by the sheriff court of any sheriffdom in Scotland.

4 The Regulator must pay into the Consolidated Fund a penalty recovered under this section.

Official source: legislation.gov.uk

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Statutory text from an official public source. Informational content — does not replace advice from a qualified solicitor.