SCHEDULES

SCHEDULE 7The Pensions Regulator: minor and consequential amendments

Pensions Act 2004 (c. 35)

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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);