containing practical guidance in relation to the exercise of functions under the pensions legislation, and

regarding the standards of conduct and practice expected from those who exercise such functions.

what constitutes a “reasonable” period for the purposes of any provision of the pensions legislation (other than any enactment contained in or made by virtue of Part 2) which requires any action to be taken within such a period;

the circumstances in which the Regulator expects to issue contribution notices under section 38 as a result of being of the opinion that the material detriment test F16, the employer insolvency test or the employer resources test is met in relation to an act or failure;

the discharge of the duty imposed by section 69 (duty to notify Regulator of certain events);

the discharge of the duties imposed by section 69A (duty to give notices and statements to the Regulator in respect of certain events);

the discharge of the duty imposed by section 70 (duty to report breaches of the law);

the discharge of duties imposed on trustees or managers of occupational pension schemes by, or by virtue of, Part 3 (scheme funding);

the discharge of the duties imposed by sections 241 and 242 (member-nominated trustees and directors);

the obligations imposed by sections 247 and 248 (requirements for knowledge and understanding: individual and corporate trustees);

the discharge of the duty imposed by section 49(9)(b) of the Pensions Act 1995 (c. 26) (duty of trustees or managers of occupational pension schemes to report material failures by employers to pay contributions deducted from employee’s earnings timeously);

the discharge of the duties imposed by sections 67 to 67I of that Act (the subsisting rights provisions);

the discharge of the duty imposed by section 88(1) of that Act (duties of trustees and managers of F12certain schemes to report failures to pay employer contributions etc timeously);

the discharge of the duty imposed by section 111A(7A) of the Pension Schemes Act 1993 (c. 48) (duty of trustees or managers of personal pension schemes to report material failures to pay employer contributions timeously);

the process for making an application for authorisation of a Master Trust scheme under Part 1 of the Pension Schemes Act 2017;

the matters that the Pensions Regulator expects to take into account in deciding whether it is satisfied that a Master Trust scheme meets the authorisation criteria under that Part (see section 5 of the Pension Schemes Act 2017);

the process for making an application under Part 1 of the Pension Schemes Act 2021 for authorisation of a collective money purchase scheme;

the matters that the Pensions Regulator expects to take into account in deciding whether it is satisfied that a pension scheme meets the authorisation criteria under that Part (see section 9 of the Pension Schemes Act 2021);

such other matters as are prescribed for the purposes of this section.

containing practical guidance in relation to the exercise of functions under relevant pensions legislation, and

regarding the standards of conduct and practice expected from those who exercise such functions.

the discharge of the duties imposed by sections 70 and 70A (duties to report breaches of the law and late payment of employer contributions);

the obligations imposed by section 248A (requirements for knowledge and understanding: pension boards of public service pension schemes);

the discharge of the duty imposed by section 249B (internal controls);

the discharge of duties imposed under section 113 of the Pension Schemes Act 1993 (disclosure of information to members);

the discharge of the duty imposed by section 49(9)(b) of the Pensions Act 1995 (duty of trustees or managers of occupational pension schemes to report material failures by employers to pay contributions deducted from employee's earnings timeously);

the discharge of the duty imposed by section 50 of the Pensions Act 1995 (internal dispute resolution);

the discharge of duties imposed by virtue of section 5(4) of the Public Service Pensions Act 2013 (pensions board: conflicts of interest and representation) and other duties relating to conflicts of interest;

the discharge of duties imposed under section 6 (pension board: information) of that Act and other duties relating to the publication of information about governance and administration;

the discharge of duties imposed under section 14 of that Act (information about benefits);

the discharge of duties imposed under section 16 (records) of that Act and other duties relating to record-keeping;

such other matters as are prescribed for the purposes of this section.

combined with a code of practice issued under section 90;

combined with one or more other codes of practice issued under this section.

the enactments constituting “pensions legislation” within the meaning of section 90, and

sections 5(4) (pension board: conflicts of interest and representation), 6 (pension board: information), 14 (information about benefits) and 16 (records) of the Public Service Pensions Act 2013.

such persons as it considers appropriate, and

any other persons the Secretary of State requires it to consult.

to a code made for the purpose only of consolidating other codes issued under section 90 F3or 90A, or

to a code if the Secretary of State considers consultation inexpedient by reason of urgency.

if he approves of it, must lay it before Parliament, and

if he does not approve of it, must publish details of his reasons for withholding approval.

if within the period mentioned in subsection (7) either House so resolves, no further proceedings may be taken on the draft code;

if no such resolution is passed, the Regulator must issue the code in the form of the draft.

beginning with the day on which the draft is laid before Parliament (or, if it is laid before the two Houses on different days, with the later of the two days), and

ignoring any period during which Parliament is dissolved or prorogued or during which both Houses are adjourned for more than four days.