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PART IIN.I.Occupational Pensions

Supervision by the AuthorityN.I.

Appointment of trustees: consequencesN.I.

8.[F1(1) An order under Article 7 appointing a trustee may provide for any fees and expenses of trustees appointed under the order to be paid—

(a)by the employer,

(b)out of the resources of the scheme, or

(c)partly by the employer and partly out of those resources.

(2) Such an order may also provide that an amount equal to the amount (if any) paid out of the resources of the scheme by virtue of paragraph (1)(b) or (c) is to be treated for all purposes as a debt due from the employer to the trustees of the scheme.]

(3) Subject to paragraph (4), a trustee appointed under Article 7 shall, unless he is the independent trustee and Article 22 applies in relation to the scheme, have the same powers and duties as the other trustees.

(4) An order under Article 7 may make provision—

(a)for restricting the powers or duties of a trustee so appointed,F2. . .

(b)for powers or duties to be exercisable by a trustee so appointed to the exclusion of other trustees.