SCHEDULES

SCHEDULE 17N.I.AUTOMATIC TRANSFER OF PENSION BENEFITS ETC.

Prospective

PART 1 N.I.AUTOMATIC TRANSFER OF PENSION BENEFITS

Disclosure of information and establishment of databaseN.I.

9—(1) The regulations must make provision about disclosure of information.N.I.

(2) The regulations may in particular require a person to disclose information to another person—

(a)for the purposes of helping a person to comply with a duty imposed on the person by the regulations or by corresponding regulations made by the Secretary of State under paragraph 9 of Schedule 17 to the Pensions Act 2014, or

(b)otherwise for the purposes of a provision of the regulations or of corresponding regulations made by the Secretary of State under paragraph 9 of Schedule 17 to the Pensions Act 2014.

(3) The regulations may require the Department or the Regulator to establish and operate a database containing information relating to people who have or had transferable benefits for the purposes of helping the trustees or managers of an automatic transfer scheme to comply with their duties under the regulations.