70Duty to report breaches of the law
(1)Subsection (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 an enactment 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)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 section.
This is subject to section 311 (protected items).
(4)Section 10 of the Pensions Act 1995 (c. 26) (civil penalties) applies to any person who, without reasonable excuse, fails to comply with an obligation imposed on him by this section.