PART IITHE PENSIONS REGULATOR
Reporting breaches of the law
Duty to report breaches of the law65
1
Paragraph (2) imposes a reporting requirement on the following persons—
a
a trustee or manager of an occupational or personal pension scheme;
b
a person who is otherwise involved in the administration of such a scheme;
c
the employer in relation to an occupational pension scheme;
d
a professional adviser in relation to such a scheme;
e
a person who is otherwise involved in advising the trustees or managers of an occupational or personal pension scheme in relation to the scheme.
2
Where the person has reasonable cause to believe that—
a
a duty which is relevant to the administration of the scheme in question, and is imposed by or by virtue of a statutory provision or rule of law, has not been or is not being complied with, and
b
the failure to comply is likely to be of material significance to the Regulator in the exercise of any of its functions,
he must give a written report of the matter to the Regulator as soon as reasonably practicable.
3
Subject to Article 283 (protected items), no duty to which a person is subject is to be regarded as contravened merely because of any information or opinion contained in a written report under this Article.
4
Article 10 of the 1995 Order (civil penalties) applies to any person who, without reasonable excuse, fails to comply with an obligation imposed on him by this Article.