Pensions Act 2004

Valid from 06/04/2005

18 (1) The Board may make arrangements for any of its functions mentioned in sub-paragraph (2) to be exercised, in accordance with those arrangements, by a person on behalf of the Board. E+W+S

(2) The functions are those conferred by or by virtue of—

(a) the pension compensation provisions (see section 162);

(b) section 163 (adjustments to be made where Board assumes responsibility for a scheme);

(c) section 165 (duty to notify Inland Revenue in relation to guaranteed minimum pensions);

(d) section 166 (duty to pay scheme benefits unpaid at assessment date);

(e) sections 169 and 170 (discharge of liabilities in respect of compensation or money purchase benefits);

(f) section 191 (notices requiring provision of information);

(g) section 203(1)(a) (provision of information to members of schemes etc);

(h) section 111 (supplementary powers), so far as that section relates to any function conferred by or by virtue of any provision mentioned in paragraphs (a) to (g).

(3) Where arrangements are made under this paragraph for any functions of the Board to be exercised by another person on its behalf—

(a) section 195(1)(b) (offence of providing false or misleading information to the Board) and section 196 (use of information) apply in relation to that person and any functions of the Board exercised by him as they apply in relation to the Board and its functions;

(b) subject to paragraph (c), sections 197 to 202 and 203(2) to (6) (disclosure of information) apply in relation to that person and any information obtained by him in the exercise of the Board’s function as they apply in relation to the Board and information obtained by it in the exercise of its functions;

(c) nothing in paragraph (b) authorises any person to determine on behalf of the Board under section 201(1) whether the disclosure of any restricted information is desirable or expedient in the interests of members of occupational pension schemes or in the public interest.