Section 75(1) of the Pensions Act 2008 provides that there is to be a body corporate, referred to in that Act as the trustee corporation. Section 75(2) provides that the name of that body corporate is to be determined by an order made by the Secretary of State. Article 2 determines that the name of the body corporate shall be the National Employment Savings Trust Corporation.

Article 3 prescribes a period for a financial year for the National Employment Savings Trust Corporation.