{
  "url": "https://openlegislation.uk/draft-trusts-and-succession-scotland-act-2024-consequential-provisions-and-modifications-pension-schemes-order-2026/article-7",
  "json_url": "https://openlegislation.uk/draft-trusts-and-succession-scotland-act-2024-consequential-provisions-and-modifications-pension-schemes-order-2026/article-7.json",
  "legislation": "ukdsi/2026/9780348288216",
  "legislation_title": "The Trusts and Succession (Scotland) Act 2024 (Consequential Provisions and Modifications) (Pension Schemes) Order 2026",
  "legislation_url": "https://openlegislation.uk/draft-trusts-and-succession-scotland-act-2024-consequential-provisions-and-modifications-pension-schemes-order-2026",
  "path": "article/7",
  "kind": "article",
  "number": "7",
  "heading": "Provisions that apply with limitations or modifications to occupational pension schemes",
  "text": "(1) Section 22 (delegation and the appointment of agents) does not authorise the trustees of an occupational pension scheme to—\n(a) delegate their investment management functions to an agent for a period which exceeds 12 months; or\n(b) authorise any person who is—\n(i) an employer in relation to the scheme; or\n(ii) connected with or an associate of such an employer,\nto exercise any of their functions as their agent.\n(2) For the purposes of paragraph (1)—\n(a) “employer”, in relation to a scheme, has the same meaning as in the Pensions Act 1995;\n(b) sections 249 and 435 of the Insolvency Act 1986 apply for the purpose of determining whether a person is connected with or an associate of an employer.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1995 c. 26."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "1986 c. 45. Section 435 was amended by paragraph 122(2) to (4) of Schedule 27 to the Civil Partnership Act 2004 (c. 33), paragraph 8 of Schedule 4 to the Civil Partnership Act 2004 (Overseas Relationships and Consequential, etc. Amendments) Order 2005 (S.I. 2005/3129), paragraph 82(2) of Schedule 1 to the Companies Act 2006 (Consequential Amendments, Transitional Provisions and Savings) Order 2009 (S.I. 2009/1941) and paragraph 4(10) of Schedule 1 to the Bankruptcy (Scotland) Act 2016 (Consequential Provisions and Modifications) Order 2016 (S.I. 2016/1034)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2026/9780348288216/article/7",
    "retrieved_at": "2026-11-05T03:34:12.900598+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}