SCHEDULES

SCHEDULE 1The Pensions Regulator

Part 5Funding and accounts

Other expenses

28

(1)

The Regulator may—

(a)

pay, or make provision for paying, persons attending proceedings before the Regulator at its request such travelling and other allowances (including compensation for loss of remunerative time) as the Secretary of State may determine, and

(b)

pay, or make provision for paying, persons from whom the Regulator may decide to seek advice, as being persons considered by the Regulator to be specially qualified to advise it on particular matters, such fees as the Regulator may determine.

(2)

In this paragraph references to proceedings before the Regulator include references to proceedings before any committee of the Regulator.