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Pensions Act 2004
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Changes to legislation:
Pensions Act 2004,
Part 2
is up to date with all changes known to be in force on or before 30 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Part 2 U.K.Staff of the Board
The staffU.K.
11(1)The staff of the Board consists of—U.K.
(a)the Chief Executive of the Board appointed under paragraph 12,
(b)the other employees of the Board appointed under paragraph 13, and
(c)any additional staff made available by the Secretary of State under paragraph 14.
(2)No member of the Regulator, or of the Determinations Panel established by the Regulator under section 9, is eligible for appointment as a member of the staff of the Board.
Commencement Information
I1Sch. 5 para. 11 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.
The Chief ExecutiveU.K.
12(1)The Board is to employ a person as its Chief Executive.U.K.
(2)The Chief Executive’s main function is to be responsible for securing that the functions of the Board are exercised efficiently and effectively.
(3)The first appointment of a Chief Executive—
(a)is to be made by the Secretary of State, and
(b)is to be on such terms and conditions as to remuneration and other matters as are determined by the Secretary of State.
(4)Subsequent appointments of a Chief Executive are to be made by the Board with the approval of the Secretary of State.
(5)Appointments under sub-paragraph (4) are to be—
(a)on such terms and conditions as to remuneration as may be determined by the Board with the approval of the Secretary of State, and
(b)on such other terms and conditions as may be determined by the Secretary of State.
(6)By virtue of subsection (2) of section 112 (non-executive functions), the function conferred on the Board by sub-paragraph (5)(a) is exercisable on its behalf by the committee established under that section.
Commencement Information
I2Sch. 5 para. 12 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.
Other employeesU.K.
13(1)Other employees of the Board may be appointed by the Board with the approval of the Secretary of State as to numbers.U.K.
(2)Subject to sub-paragraph (3), an appointment under sub-paragraph (1) is to be on such terms and conditions as may be determined by the Chief Executive.
(3)The terms and conditions relating to remuneration are—
(a)in the case of an appointment of an employee who is also to be an executive member of the Board, to be determined by the Board with the approval of the Secretary of State,
(b)in the case of an appointment of an employee of a prescribed description, to be determined by the Board.
(4)By virtue of subsection (2) of section 112 (non-executive functions), the functions conferred on the Board by sub-paragraph (3)(a) and (b) are exercisable on its behalf by the committee established under that section.
Commencement Information
I3Sch. 5 para. 13(1)(2)(3)(a)(4) in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.
Additional staff etcU.K.
14(1)The Secretary of State may make available to the Board such additional staff and such other facilities as he considers appropriate.U.K.
(2)The availability of such staff and facilities may be on such terms as to payment by the Board as the Secretary of State may determine.
Commencement Information
I4Sch. 5 para. 14 in force at 17.12.2004 by S.I. 2004/3350, art. 2, Sch.
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