Pensions Act 2004

This section has no associated Explanatory Notes

25(1)The Secretary of State may make regulations authorising the Regulator to charge fees to meet the costs incurred by the Regulator in connection with applications made for—U.K.

(a)the modification of an occupational pension scheme under section 69 of the Pensions Act 1995 (c. 26) or under any corresponding provision in force in Northern Ireland, or

(b)the issuing of a clearance statement under section 42 or 46 or under any corresponding provision in force in Northern Ireland.

(2)Regulations under sub-paragraph (1) may prescribe, or authorise the Regulator to determine, the time at which any fee is due.

(3)Any fee which is owed to the Regulator by virtue of regulations under this paragraph may be recovered as a debt due to the Regulator.

Commencement Information

I1Sch. 1 para. 25 in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7