PART IIOccupational Pensions
Supervision by the Authority
Appointment of trustees7
1
2
3
The Authority may also by order appoint a trustee of a trust scheme where they are satisfied that it is F2reasonable to do so in order—
a
to secure that the trustees as a whole have, or exercise, the necessary knowledge and skill for the proper administration of the scheme,
b
to secure that the number of trustees is sufficient for the proper administration of the scheme, F3. . .
c
to secure the proper use or application of the assets of the scheme.
F4, or
d
otherwise to protect the interests of the generality of the members of the scheme.
Para. (4) rep. by 2005 NI 1
5
The power to appoint a trustee by an order under this Article includes power by such an order—
a
to determine the appropriate number of trustees for the proper administration of the scheme,
b
to require a trustee appointed by the order to be paid fees and expenses out of the scheme's resources,
c
to provide for the removal or replacement of such a trustee.
F15A
An application may be made to the Authority in relation to a trust scheme by—
a
the trustees of the scheme,
b
the employer, or
c
any member of the scheme,
for the appointment of a trustee of the scheme under paragraph (3)(a) or (c).
6
Regulations may make provision about the descriptions of persons who may or may not be appointed trustees under this Article.