- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Gwreiddiol (Fel y'i Deddfwyd)
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).
(1)This section applies for the purposes of enabling the Pensions Regulator to decide whether it is satisfied that the persons involved in a Master Trust scheme are fit and proper persons (see section 5(3)(a)).
(2)The Pensions Regulator must assess whether each of the following is a fit and proper person to act in relation to the scheme in the capacity mentioned—
(a)a person who establishes the scheme;
(b)a trustee;
(c)a person who (alone or with others) has power to appoint or remove a trustee;
(d)a person who (alone or with others) has power to vary the terms of the trust under which the scheme is established (where the scheme is established under a trust);
(e)a person who (alone or with others) has power to vary the scheme (where the scheme is not established under a trust);
(f)a scheme funder;
(g)a scheme strategist;
(h)a person acting in a capacity specified in regulations made by the Secretary of State.
(3)The Pensions Regulator may also assess whether each of the following is a fit and proper person to act in relation to the scheme in the capacity mentioned—
(a)a person who promotes or markets the scheme;
(b)a person acting in a capacity specified in regulations made by the Secretary of State.
(4)In assessing whether a person is a fit and proper person to act in a particular capacity, the Pensions Regulator—
(a)must take into account any matters specified in regulations made by the Secretary of State, and
(b)may take into account such other matters as it considers appropriate (including, in particular, matters relating to a person connected with that person).
(5)For the purposes of this section a person (“A”) is connected with another person (“B”) if—
(a)A is an associate of B;
(b)where B is a company, A is a director or shadow director of B or an associate of a director or shadow director of B;
(c)A is a trustee of an occupational pension scheme established under a trust and—
(i)the beneficiaries of the trust include B or an associate of B, or
(ii)the terms of the trust confer a power that may be exercised for the benefit of B or an associate of B.
(6)In this section—
“associate” has the meaning given by section 435 of the Insolvency Act 1986;
“director” and “shadow director” have the meanings given by section 251 of that Act.
(7)The first regulations that are made under subsection (4) are subject to affirmative resolution procedure.
(8)Any subsequent regulations under subsection (4), and regulations under subsections (2) and (3), are subject to negative resolution procedure.
Y Diweddaraf sydd Ar Gael (diwygiedig):Y fersiwn ddiweddaraf sydd ar gael o’r ddeddfwriaeth yn cynnwys newidiadau a wnaed gan ddeddfwriaeth ddilynol ac wedi eu gweithredu gan ein tîm golygyddol. Gellir gweld y newidiadau nad ydym wedi eu gweithredu i’r testun eto yn yr ardal ‘Newidiadau i Ddeddfwriaeth’.
Gwreiddiol (Fel y’i Deddfwyd neu y’i Gwnaed): Mae'r wreiddiol fersiwn y ddeddfwriaeth fel ag yr oedd pan gafodd ei deddfu neu eu gwneud. Ni wnaed unrhyw newidiadau i’r testun.
Testun a grëwyd gan yr adran o’r llywodraeth oedd yn gyfrifol am destun y Ddeddf i esbonio beth mae’r Ddeddf yn ceisio ei wneud ac i wneud y Ddeddf yn hygyrch i ddarllenwyr nad oes ganddynt gymhwyster cyfreithiol. Cyflwynwyd Nodiadau Esboniadol ym 1999 ac maent yn cyd-fynd â phob Deddf Gyhoeddus ac eithrio Deddfau Adfeddiannu, Cronfa Gyfunol, Cyllid a Chyfnerthiad.
Gallwch wneud defnydd o ddogfennau atodol hanfodol a gwybodaeth ar gyfer yr eitem ddeddfwriaeth o’r tab hwn. Yn ddibynnol ar yr eitem ddeddfwriaeth sydd i’w gweld, gallai hyn gynnwys:
Defnyddiwch y ddewislen hon i agor dogfennau hanfodol sy’n cyd-fynd â’r ddeddfwriaeth a gwybodaeth am yr eitem hon o ddeddfwriaeth. Gan ddibynnu ar yr eitem o ddeddfwriaeth sy’n cael ei gweld gall hyn gynnwys:
liciwch ‘Gweld Mwy’ neu ddewis ‘Rhagor o Adnoddau’ am wybodaeth ychwanegol gan gynnwys