Explanatory note
(This note is not part of the Regulations)
These Regulations permit the Pensions Regulator (“the Regulator”) to authorise such persons, in such circumstances and under such arrangements, as the Regulator may determine, to exercise certain powers on the Regulator’s behalf.
These powers will enable a number of the Regulator’s functions to be delegated.
A full impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.