61(1)Section 177 of the Pension Schemes Act 1993 (general financial arrangements) is amended as follows.
(2)In subsection (1), after “Secretary of State” there is inserted “or the Inland Revenue”.
(3)In subsection (2)—
(a)in paragraph (a), for “Secretary of State” there is substituted “Inland Revenue”, and
(b)in paragraph (b), for “him” there is substituted “the Secretary of State”.
(4)In subsection (3), after paragraph (b) there is inserted—
“(c)such sums as the Inland Revenue may estimate to be the amount of their administrative expenses in exercising their functions under Part III.”
(5)In subsection (5)(a), after “Secretary of State” there is inserted “or the Inland Revenue”.
(6)In subsection (7)(d), for “him” there is substituted “the Inland Revenue”.