Pensions Act 1995

Proceedings

12 The Secretary of State may make regulations generally as to the procedure to be followed by the Compensation Board in the exercise of their functions and the manner in which their functions are to be exercised.

13 The Compensation Board must meet at least once in the first twelve months of their existence, and at least once in each succeeding period of twelve months.

14 (1) The Compensation Board may (subject to sub-paragraph (2)) authorise any of their members to exercise such of the Compensation Board’s functions as the Board may determine.

(2) The Compensation Board may not authorise any of their members to—

(a) determine whether section 81 applies to an application for compensation under section 82 in respect of any occupational pension scheme,

(b) determine the amount of any payment under section 83,

(c) determine whether any payment should be made under section 84 or the amount of any such payment, or

(d) exercise such functions of the Compensation Board as may be prescribed.

(3) The quorum of the Compensation Board shall be such as they may determine, and the Board may regulate their own procedure.

(4) The decisions of the Compensation Board must be taken by agreement of a majority of the members of the Compensation Board who are present at the meeting where the decision is taken.

(5) This paragraph is subject to regulations made by virtue of paragraph 12.

15 (1) Where the Compensation Board notify any person of a decision on any matter dealt with by them by means of a formal hearing, or on review, they shall furnish a written statement of the reasons for the decision.

(2) Any statement by the Compensation Board of their reasons for a decision, whether the statement is given by them in pursuance of this paragraph or otherwise, shall be taken to form part of the decision, and accordingly to be incorporated in the record.