# Social Security Act 1986, Paragraph 4

Extent: E+W+S

A scheme must comply with such requirements as may be prescribed as regards the part—
(a) of any payment or payments that are made to the scheme by or on behalf of a member;
(b) of any income or capital gain arising from the investment of payments such as are mentioned in sub-paragraph (a) above; or
(c) of the value of rights under the scheme,
that may be used—
(i) to defray the administrative expenses of the scheme;
(ii) to pay commission; or
(iii) in any other way which does not result in the provision of benefits for or in respect of members.

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Source: https://www.legislation.gov.uk/ukpga/1986/50/schedule/1/paragraph/4 (the official version)
Page: https://openlegislation.uk/social-security-act-1986/schedule-1/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

