# The Retirement Benefits Schemes (Information Powers) Regulations 1995, Regulation 5: Investment and borrowing transactions of small self-administered schemes


(1) The prescribed person in relation to a small self-administered scheme shall furnish to the Board, at the time prescribed by paragraph (2) below, such information (including copies of any relevant books, documents or other records) as—
(a) is specified on the relevant form supplied by the Board, and
(b) relates to any transaction that is—
(i) of a kind specified in paragraph (3) below, and
(ii) entered into by or on behalf of the trustees or the administrator of the scheme on or after the date of coming into force of these Regulations.
(2) The time prescribed is any time not later than 90 days after the date of the transaction in question.
(3) The transactions specified in this paragraph are—
(a) the acquisition or disposal of land;
(b) the lending of money to an employer in relation to the scheme or any company associated with him;
(c) the acquisition or disposal of shares in an employer in relation to the scheme or any company associated with him;
(d) the acquisition or disposal of shares in an unlisted company;
(e) the borrowing of money;
(f) the purchase, sale or lease from or to an employer in relation to the scheme, or any company associated with him, of any asset other than one specified in sub-paragraph (a), (c) or (d).
(4) References in paragraph (3) above to a company associated with an employer shall be construed in accordance with regulation 2(9) of the 1991 Regulations.

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Source: https://www.legislation.gov.uk/uksi/1995/3103/regulation/5 (the official version)
Page: https://openlegislation.uk/retirement-benefits-schemes-information-powers-regulations-1995/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.