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Pensions Act 2004
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Changes over time for: Section 259
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Pensions Act 2004, Section 259 is up to date with all changes known to be in force on or before 27 February 2025. 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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259Consultation by employers: occupational pension schemesE+W+S
This section has no associated Explanatory Notes
(1)Regulations may require any prescribed person who is the employer in relation to an occupational pension scheme and who—
(a)proposes to make a prescribed decision in relation to the scheme, or
(b)has been notified by the trustees or managers of the scheme that they propose to make a prescribed decision in relation to the scheme,
to consult prescribed persons in the prescribed manner before the decision is made.
(2)Regulations may require the trustees or managers of an occupational pension scheme not to make a prescribed decision in relation to the scheme unless—
(a)they have notified the employer of the proposed decision, and
(b)they are satisfied that the employer has undertaken any consultation required by virtue of subsection (1).
(3)The validity of any decision made in relation to an occupational pension scheme is not affected by any failure to comply with regulations under this section.
(4)Section 261 contains further provisions about regulations under this section.
Modifications etc. (not altering text)
C1S. 259 modified (2.2.2006) by The Occupational Pension Schemes (Consultation by Employers) (Modification for Multi-employer Schemes) Regulations 2006 (S.I. 2006/16), regs. 1(2), 2
Commencement Information
I1S. 259 in force at 1.1.2006 for specified purposes and 6.4.2006 in so far as not already in force by S.I. 2005/3331, art. 2(5), Sch. Pt. 5
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