Explanatory note
(This note is not part of the Regulations)
These Regulations are made under section 172 of the Pensions Act 1995 (“the 1995 Act”) and relate to certain individuals who have been active members of the Teachers' Superannuation Scheme.
Section 172(1) of the 1995 Act provides that the Secretary of State may provide certain information relating to individuals in prescribed circumstances to any prescribed person and impose on that person reasonable fees in respect of administrative expenses incurred in providing that information. Regulation 3 prescribes circumstances and persons for the purposes of section 172(1) of the 1995 Act.
Section 172(2) of the 1995 Act provides that the Secretary of State may in certain circumstances impose on any prescribed person reasonable fees in respect of administrative expenses incurred in the admission or re-admission of individuals to schemes, or incurred in connection with the administration of certain compensation payments. Regulation 4 prescribes, in relation to the Teachers' Superannuation Scheme, the persons on whom fees may be imposed for the purposes of section 172(2) of the 1995 Act.
A copy of the compliance cost assessment prepared in respect of these Regulations can be obtained from the Department for Education and Employment, Pensions Policy and Contract Team, Mowden Hall, Staindrop Road, Darlington DL3 9BG. A copy has been placed in the library of each House of Parliament.