48.—(1) In section 109(1) of the Pension Schemes Act (disclosure of information about schemes to members, etc.), for “and” at the end of paragraph (c) there shall be substituted—
“(ca)of the pensions and other benefits an entitlement to which would be likely to accrue to the member, or be capable of being secured by him, in respect of the rights that may arise under it; and”.
(2) After subsection (3) of that section there shall be inserted—
“(3A) The regulations may provide for the information that must be given to be determined, in whole or part, by reference to guidance which—
(a)is prepared and from time to time revised by a prescribed body; and
(b)is for the time being approved by the Department.
(3B) The regulations may, in relation to cases where a scheme is being wound up, contain—
(a)provision conferring power on the Regulatory Authority, at times before the period expires, to extend any period specified in the regulations as the period within which a requirement imposed by the regulations must be complied with; and
(b)provision as to the contents of any application for the exercise of such a power and as to the form and manner in which, and the time within which, any such application must be made.”.