Section 83 ReturnsI1

England, Wales and Scotland Not yet in force

(1)

The Regulator may, by notice to the responsible body of an operating superfund, require the responsible body to submit a return to the Regulator for the purpose of enabling the Regulator to monitor—

(a)

the financial position of the superfund, or

(b)

the superfund’s compliance with the requirements of this Chapter.

(2)

The notice must specify—

(a)

the period within which the return must be submitted, and

(b)

the information (or description of information) which the return must contain.

(3)

The Regulator may not require the responsible body to submit a return more than once in any period of 12 months.

(4)

Section 10 of the Pensions Act 1995 (civil penalties) applies to the responsible body if it fails to submit a return in accordance with a notice under this section.

Annotations

Commencement

I1: S. 83 not in force at Royal Assent, see s. 133(7)