Governance
4Scheme manager
1
Scheme regulations for a scheme under section 1 must provide for a person to be responsible for managing or administering—
a
the scheme, and
b
any statutory pension scheme that is connected with it.
2
In this Act, that person is called the “scheme manager” for the scheme (or schemes).
3
The scheme manager may in particular be the responsible authority.
4
Subsection (1) does not apply to a scheme under section 1 which is an injury or compensation scheme.
5
Scheme regulations may comply with the requirement in subsection (1)(a) or (b) by providing for different persons to be responsible for managing or administering different parts of a scheme (and references in this Act to the “scheme manager”, in such a case, are to be construed accordingly).
6
For the purposes of this Act, a scheme under section 1 and another statutory pension scheme are connected if and to the extent that the schemes make provision in relation to persons of the same description.
7
Scheme regulations may specify exceptions to subsection (6).