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Pensions Act 1995

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Changes over time for: Section 159

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Pensions Act 1995, Section 159 is up to date with all changes known to be in force on or before 28 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

159 Disclosing information.E+W+S

(1)In section 149 of the M1Pension Schemes Act 1993, after subsection (4) there is added—

(5)The Pensions Ombudsman may disclose any information which he obtains for the purposes of an investigation under this Part to any person to whom subsection (6) applies, if the Ombudsman considers that the disclosure would enable or assist that person to discharge any of his functions.

(6)This subsection applies to the following—

(a)the Regulatory Authority,

(b)the Pensions Compensation Board,

(c)the Registrar,

(d)any department of the Government (including the government of Northern Ireland),

(e)the Bank of England,

(f)the Friendly Societies Commission,

(g)the Building Societies Commission,

(h)an inspector appointed by the Secretary of State under Part XIV of the Companies Act 1985 or section 94 or 177 of the Financial Services Act 1986,

(j)an inspector appointed by the Department of Economic Development in Northern Ireland under Part XV of the Companies (Northern Ireland) Order 1986,

(k)a person authorised under section 106 of the Financial Services Act 1986 to exercise powers conferred by section 105 of that Act,

(l)a designated agency or transferee body or the competent authority within the meaning of that Act, and

(m)a recognised self-regulating organisation, recognised professional body, recognised investment exchange or recognised clearing house, within the meaning of that Act.

(7)The Secretary of State may by order—

(a)amend subsection (6) by adding any person or removing any person for the time being specified in that subsection, or

(b)restrict the circumstances in which, or impose conditions subject to which, disclosure may be made to any person for the time being specified in that subsection.

(2)In section 151 of that Act, in subsection (7)(a), after “this section” there is inserted—

(aa)in disclosing any information under section 149(5).

Commencement Information

I1S. 159 in force at 6.4.1997 by S.I. 1997/664, art. 2(3), Sch. Pt. 3

Marginal Citations

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