SCHEDULES

SCHEDULE 12Minor and consequential amendments

Pensions Act 1995 (c. 26)

I141

In section 25 (appointment and powers of independent trustees: further provisions)—

a

in subsection (1) for “section 23(1)(b)” substitute “ section 23(1) ”,

b

in subsection (2)—

i

after “a scheme” insert “ and there is an independent trustee of the scheme appointed under section 23(1) ”, and

ii

omit from “but if” to the end,

c

in subsection (3) for “, no independent trustee of the scheme may” substitute “ and there is an independent trustee of the scheme appointed under section 23(1), the independent trustee may not ”, and

d

in subsection (4)—

i

for “section 23(1)(b)” substitute “ section 23(1) ”, and

ii

after “person” insert “ (within the meaning of section 23(3)) ”.