Pension Schemes Act 1993

183 Sub-delegation.U.K.

(1)Without prejudice to any specific provisions in this Act, a power conferred by this Act to make an Order in Council, regulations or an order (other than regulations and orders made under F1... Chapter I of Part IV, Part VIII so far as it applies for the purposes of Chapter I of Part IV, sections F2... 153(2), 158(1) to (5), 162, 163, F1... and 176F1...) includes power to provide for a person to exercise a discretion in dealing with any matter.

F3(2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)Regulations under section 27(3), 63(2), [F4, 97(1) and 101I] may provide that the values there mentioned shall be calculated and verifiedF5...—

(a)in such manner as may, in the particular case, be approved—

(i)by a prescribed person;

(ii)by a person with prescribed professional qualifications or experience; or

(iii)by a person approved by the Secretary of State; or

(b)in accordance with guidance prepared [F6and from time to time revised] by a prescribed body.

F7...

F7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Textual Amendments

F1Words in s. 183(1) repealed (6.4.1997) by Pensions Act 1995 (c. 26), s. 180(1), Sch. 5 para. 79, Sch. 7 Pt. III; S.I. 1997/664, art. 2(3), Sch. Pt. 2

F2Words in s. 183(1) repealed (6.4.1997) by Pensions Act 1995 (c. 26), s. 180(1), Sch. 6 para. 15(a), Sch. 7 Pt. IV; S.I. 1997/664, art. 2(3), Sch. Pt. 2