Section 30 Periodic reporting requirementC1 C2 C3 C4 I1 I2

(1)

During a triggering event period for a Master Trust scheme, the trustees must submit periodic reports to the Pensions Regulator.

(2)

The first report must be submitted before the end of a period specified in regulations made by the Secretary of State.

(3)

Subsequent reports must be submitted at intervals specified by the Pensions Regulator.

(4)

The reports must—

(a)

report on progress in carrying out the implementation strategy,

(b)

record events or decisions of a description specified in regulations made by the Secretary of State,

(c)

contain such other information as is specified in regulations made by the Secretary of State, and

(d)

be made in the manner and form specified by the Pensions Regulator.

(5)

Section 10 of the Pensions Act 1995 (civil penalties) applies to a person who fails to comply with a requirement imposed by this section.

(6)

Regulations under this section are subject to negative resolution procedure.

Annotations

C1: Pt. 1 excluded (1.10.2018) by The Occupational Pension Schemes (Master Trusts) Regulations2018 (S.I. 2018/1030), regs. 1(2), 27
C2: Pt. 1 excluded (1.10.2018) by The Occupational Pension Schemes (Master Trusts) Regulations2018 (S.I. 2018/1030), regs. 1(2), 26
C3: Pt. 1 modified (1.10.2018) by The Occupational Pension Schemes (Master Trusts) Regulations2018 (S.I. 2018/1030), regs. 1(2), 28(2)
C4: Pt. 1 modified (1.10.2018) by The Occupational Pension Schemes (Master Trusts) Regulations2018 (S.I. 2018/1030), regs. 1(2), 28(3)(4)(a)(b)

I1: S. 30 in force at 5.9.2018 for specified purposes by S.I. 2018/965, reg. 2(a)
I2: S. 30 in force at 1.10.2018 in so far as not already in force by S.I. 2018/965, reg. 2(b)

C5: Pt. 1: power to disapply conferred (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), ss. 47(3)(b), 131(1)(3)(a); S.I. 2022/721, reg. 3(a)