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The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022

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There are currently no known outstanding effects for the The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022, Section 8. Help about Changes to Legislation

Fit and proper persons requirementE+W+S

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8.—(1) Schedule 1 sets out the matters that the Regulator must take into account in assessing, for the purposes of section 11 of the Act (fit and proper persons requirement), whether a person is fit and proper to act in a capacity mentioned in section 11(2) of the Act.

(2) For the purposes of section 11(2)(e) of the Act, where a person in a capacity mentioned in paragraphs (a) to (d) of section 11(2) is a body corporate, the Regulator must assess whether each individual performing the functions of that person in relation to the scheme, in the exercise of a management or executive role, is a fit and proper person to act in relation to the scheme in that capacity.

Commencement Information

I1Reg. 8 in force at 1.8.2022, see reg. 1(3)

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