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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 27 April 2007 - onwards
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88. Court may order restoration of resources of scheme or trust RAC.

If, on application to it by the Board, the Court is satisfied that any of the resources of a scheme or trust RAC have been wrongfully paid or transferred to any person, and that such payment or transfer is likely to jeopardise the rights and interests of the members under the scheme or trust RAC, the Court may order such person, and any other person who the Court is satisfied was knowingly concerned in the wrongful payment or transfer, to take such steps as the Court may direct for restoring the resources of the scheme or trust RAC to the level at which they would have been if such wrongful payment or transfer had not been made.

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