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Pensions Act 2004

Pensions Act 2004

2004 CHAPTER 35

Commentary on Sections

Part 2 – the Board of the Pension Protection Fund

Chapter 1 – The Board
Annual reports
Section 119: Annual reports to Secretary of State

380.The Board must produce an annual report (for each “financial year” as defined in subsection (6)) dealing with its activities during the reporting period. This includes the report prepared by the committee which exercises the non-executive functions (see section 112(5). This report must be sent by the Board to the Secretary of State as soon as practicable after the end of the reporting period. The Secretary of State must then lay a copy of each report received by him before both Houses of Parliament.

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