This section has no associated Explanatory Notes
10(1)Section 218 (annual report) is amended as follows.
(2)In subsections (1) and (2)(b), for “Authority” substitute “regulators”.
(3)At the end insert—
“(4)The Treasury may—
(a)require the scheme manager to comply with any provisions of the Companies Act 2006 about accounts and their audit which would not otherwise apply to it, or
(b)direct that any such provision of that Act is to apply to the scheme manager with such modifications as are specified in the direction.
(5)Compliance with any requirement under subsection (4)(a) or (b) is enforceable by injunction or, in Scotland, an order for specific performance under section 45 of the Court of Session Act 1988.
(6)Proceedings under subsection (5) may be brought only by the Treasury.”