# Pensions Act 2004, Paragraph 29


(1) The Regulator is not to be regarded—
(a) as the servant or agent of the Crown, or
(b) as enjoying any status, privilege or immunity of the Crown.
(2) Accordingly, the Regulator’s property is not to be regarded as property of, or held on behalf of, the Crown.

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Source: https://www.legislation.gov.uk/ukpga/2004/35/schedule/1/paragraph/29 (the official version)
Page: https://openlegislation.uk/pensions-act-2004/schedule-1/paragraph-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.