OpenLegislation

Paragraph 1

Original text. Later amendments are not shown.

(1)

Subject to sub-paragraph (2), the Board may authorise—

(a)

any executive member of the Board,

(b)

any other member of its staff, or

(c)

any of its committees or sub-committees (other than the committee established under section 112 of the Pensions Act 2004 (c. 35) or any of its sub-committees),

to exercise on behalf of the Board, such of its functions, in such circumstances, as the Board may determine.

(2)

Sub-paragraph (1) does not apply to the non-executive functions of the Board (which must, by virtue of section 112(2) of the Pensions Act 2004, be discharged by the committee established under that section).