C3C4C2C1PART 1Master Trusts
Pt. 1 excluded (6.4.2022) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2022 (S.R. 2022/121), regs. 1, 27(1)
Pt. 1 modified (6.4.2022) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2022 (S.R. 2022/121), regs. 1, 28(4)(a)
Pt. 1 excluded (6.4.2022) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2022 (S.R. 2022/121), regs. 1, 26(1)
Ongoing supervision of Master Trust schemes
I1I3I215Requirement to submit supervisory return
1
The Regulator may by notice in writing require the trustees of an authorised Master Trust scheme to submit a supervisory return.
2
The Department may make regulations setting out the information that the Regulator may require in a supervisory return.
3
The notice must specify—
a
the information required to be included in the return,
b
the manner and form in which the return must be submitted, and
c
the time period (of at least 28 days) within which the return must be submitted.
4
The trustees of an authorised Master Trust scheme may not be required to submit a supervisory return more than once in any 12 month period.
5
Article 10 of the 1995 Order (civil penalties) applies to a trustee who fails to submit a supervisory return when required to do so.
6
Regulations under this section are subject to negative resolution.
Pt. 1 modified (6.4.2022) by The Occupational Pension Schemes (Master Trusts) Regulations (Northern Ireland) 2022 (S.R. 2022/121), regs. 1, 28(2)