C1C2C4Part I Occupational pensions

Annotations:
Modifications etc. (not altering text)
C4

Pt. I: Pensions Act 2004 (c.35), Pt. 3 construed as one with Pt. I of this Act (4.12.2005 for specified purposes, 30.12.2005 in so far as not already in force) by Pensions Act 2004 (c. 35), ss. 233, 322(1) (with s. 313); S.I. 2005/3331, art. 2(1)(a)(b), Sch. Pt. 1

Supervision by the Authority

I1C315 Directions.

1

The Authority may, where in the case of any trust scheme the employer fails to comply with any requirement included in regulations by virtue of section 49(5), direct the trustees to make arrangements for the payment to the members of the benefit to which the requirement relates.

2

The Authority may—

a

where in the case of any trust scheme an annual report is published, direct the trustees to include a statement prepared by the Authority in the report, and

b

in the case of any trust scheme, direct the trustees to send to the members a copy of a statement prepared by the Authority.

3

A direction under this section must be given in writing.

4

Where a direction under this section is not complied with, F1section 10 applies to any trustee who has failed to take all such steps as are reasonable to secure compliance.