C1Part 1The Pensions Regulator

Annotations:
Modifications etc. (not altering text)
C1

Pt. 1 applied in part (with modifications) (20.7.2005 for specified purposes, 1.9.2005 for specified purposes, 5.12.2005 for specified purposes) by The Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986), regs. 1(1), 4, Sch. 1 Pt. 1 (as amended (17.7.2008) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2008 (S.I. 2008/1903), regs. 1, 5(2), 13; (10.7.2009) by The Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 (S.I. 2009/1851), regs. 1, 5, 18; (2.4.2010) by The Financial Assistance Scheme (Miscellaneous Amendments) Regulations 2010 (S.I. 2010/1149), regs. 1, 5, 15)

Reports

I189Publishing reports etc

1

The Regulator may, if it considers it appropriate to do so in any particular case, publish a report of the consideration given by it to the exercise of its functions in relation to that case and the results of that consideration.

2

The publication of a report under subsection (1) may be in such form and manner as the Regulator considers appropriate.

3

For the purposes of the law of defamation, the publication of any matter by the Regulator is privileged unless the publication is shown to be made with malice.

F24

Before making a report under this section which relates to a public service pension scheme, the Regulator must notify the scheme manager.

89AF1Reports about misappropriation etc in public service pension schemes

1

If the Regulator has reasonable grounds to suspect or believe that a member of the pension board of a public service pension scheme—

a

has misappropriated any assets of the scheme or is likely to do so, or

b

has a conflict of interest in relation to investment of assets of the scheme,

the Regulator must report the matter to the scheme manager.

2

For the purposes of the law of defamation, the reporting of any matter by the Regulator under subsection (1) is privileged unless the reporting is shown to be made with malice.

3

For the purposes of subsection (1)(b) a person does not have a conflict of interest in relation to investment of assets merely by virtue of membership of the scheme.