- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (05/09/2018)
- Gwreiddiol (Fel y'i Deddfwyd)
Version Superseded: 01/10/2018
Point in time view as at 05/09/2018. This version of this provision has been superseded.
You are viewing this legislation item as it stood at a particular point in time. A later version of this or provision, including subsequent changes and effects, supersedes this version.
Note the term provision is used to describe a definable element in a piece of legislation that has legislative effect – such as a Part, Chapter or section.
There are currently no known outstanding effects for the Pension Schemes Act 2017, Section 22.
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
(1)Subsection (2) applies if an event within an item of the table in section 21(6) that is listed in the first column of the table in subsection (3) occurs in relation to a Master Trust scheme.
(2)Each person specified in relation to the event in the second column of the table must notify the Pensions Regulator.
(3)The table is—
Event | Person under duty to notify Pensions Regulator |
---|---|
Item 4 (insolvency event in relation to a scheme funder) | The scheme funder. |
Item 5 (scheme funder unlikely to continue as a going concern) | The scheme funder. |
Item 6 (scheme funder decides to end relationship or arrangement) | The scheme funder. |
Item 7 (scheme funder ends relationship or arrangement) | The scheme funder. |
Item 8 (scheme funder, scheme strategist or trustees decide that scheme should be wound up) | The person or persons who take the decision. |
Item 10 (trustees decide that it is necessary to pursue continuity option) | The trustees. |
(4)If—
(a)an event within an item of the table in section 21(6) that is listed in the first column of the table in subsection (5) occurs in relation to a Master Trust scheme, and
(b)a person specified in relation to the event in the second column of the table becomes aware that the event has occurred,
the person must notify the Pensions Regulator.
(5)The table is—
Event | Persons under duty to notify Pensions Regulator if become aware of event |
---|---|
Item 4 (insolvency event in relation to a scheme funder) | The trustees. A scheme strategist. |
Item 5 (scheme funder unlikely to continue as a going concern) | The trustees. A scheme strategist. |
Item 6 (scheme funder decides to end relationship or arrangement) | The trustees. A scheme strategist. |
Item 7 (scheme funder ends relationship or arrangement) | The trustees. A scheme strategist. |
Item 8 (scheme funder, scheme strategist or trustees decide that scheme should be wound up) | The trustees. A scheme funder. A scheme strategist. |
Item 9 (event required or permitted to lead to winding up of scheme) | The trustees. A scheme funder. A scheme strategist. |
Item 10 (trustees decide that it is necessary to pursue continuity option) | A scheme funder. A scheme strategist. |
(6)If a triggering event occurs in relation to a Master Trust scheme, the trustees must notify the employers—
(a)of the occurrence of the event, and
(b)of such other matters as may be specified in regulations made by the Secretary of State.
(7)A notification under this section must be given before the end of the period specified in regulations made by the Secretary of State.
(8)No duty to which a person is subject is to be regarded as contravened merely because of any information provided to the Pensions Regulator under this section.
(9)A person is not required by this section to disclose anything in respect of which a claim to legal professional privilege (or, in Scotland, to confidentiality of communications) could be maintained in legal proceedings.
(10)Section 10 of the Pensions Act 1995 (civil penalties) applies to a person who fails to comply with a requirement imposed by this section.
(11)Regulations under this section are subject to negative resolution procedure.
Commencement Information
I1S. 22 in force at Royal Assent for specified purposes, see s. 44(1)(a)(iii)
I2S. 22 in force at 5.9.2018 for specified purposes by S.I. 2018/965, reg. 2(a)
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Pwynt Penodol mewn Amser: This becomes available after navigating to view revised legislation as it stood at a certain point in time via Advanced Features > Show Timeline of Changes or via a point in time advanced search.
Rhychwant ddaearyddol: Indicates the geographical area that this provision applies to. For further information see ‘Frequently Asked Questions’.
Dangos Llinell Amser Newidiadau: See how this legislation has or could change over time. Turning this feature on will show extra navigation options to go to these specific points in time. Return to the latest available version by using the controls above in the What Version box.
Testun a grëwyd gan yr adran o’r llywodraeth oedd yn gyfrifol am destun y Ddeddf i esbonio beth mae’r Ddeddf yn ceisio ei wneud ac i wneud y Ddeddf yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol. Cyflwynwyd Nodiadau Esboniadol ym 1999 ac maent yn cyd-fynd â phob Deddf Gyhoeddus ac eithrio Deddfau Adfeddiannu, Cronfa Gyfunol, Cyllid a Chyfnerthiad.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys