The Registered Pension Schemes (Splitting of Schemes) Regulations 2006

Responsibilities and liabilities of sub-scheme administrators

This section has no associated Explanatory Memorandum

4.—(1) Section 209(5) (unauthorised payments surcharge) shall be modified as follows.

(a)in paragraph (b) delete “and”;

(b)in paragraph (c) after “the scheme administrator” add “and”;

(c)after paragraph (c) add—

(d)the sub-scheme administrator,.