Pension Schemes Act 2021

Pensions Act 2004 (c. 35)

12 (1) Section 316 (Parliamentary control of subordinate legislation) is amended as follows.

(2) In subsection (2) (regulations and orders subject to affirmative procedure), after paragraph (za) insert—

“(zaa) regulations under section 38E(2)(a) (section 38 contribution notice: constitution of resources of employer);

(zab) regulations under section 38E(2)(b) (section 38 contribution notice: valuation of resources of employer);”.

(3) In subsection (2), after paragraph (zb) insert—

“(zc) regulations under section 58A(1) (offence of avoidance of employer debt: power to except certain schemes);

(zd) regulations under section 58B(1) (offence of conduct risking accrued scheme benefits: power to except certain schemes);

(ze) regulations under section 58C(1) (financial penalty for avoidance of employer debt: power to except certain schemes);

(zf) regulations under section 58D(1) (financial penalty for conduct risking accrued scheme benefits: power to except certain schemes);

(zg) regulations under section 73(5B)(a) (inspection of premises: power to specify provisions by reference to which there may be inspection);

(zh) regulations under section 88A(3) (financial penalties: power to amend maximum amount of penalty);”.