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Pensions Act 2004

Changes over time for: Section 59

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59Register of occupational and personal pension schemesU.K.

This section has no associated Explanatory Notes

(1)The Regulator must compile and maintain a register of occupational pension schemes and personal pension schemes which are, or have been, registrable schemes (referred to in this Act as “the register”).

(2)In this section and sections 62 to 65 “registrable scheme” means an occupational pension scheme, or a personal pension scheme, of a prescribed description.

(3)In respect of each registrable scheme, the Regulator must record in the register—

(a)the registrable information most recently provided to it in respect of the scheme, and

(b)if the Regulator has received—

(i)a notice under section 62(5) (scheme which is wound up or ceases to be registrable),

(ii)a copy of a notice under section 160 (transfer notice), or

(iii)any notice, or copy of a notice, under any provision in force in Northern Ireland corresponding to a provision mentioned in sub-paragraph (i) or (ii),

that fact.

(4)In respect of each scheme which has been a registrable scheme, but

(a)has been, or is treated as having been, wound up, or

(b)has ceased to be a registrable scheme,

the Regulator must maintain in the register the registrable information last provided to it in respect of the scheme.

(5)Information recorded in the register must be so recorded in such manner as the Regulator considers appropriate.

(6)In particular, the register may consist of more than one part.

(7)In this section references to “registrable information”, in relation to a scheme to which any provision in force in Northern Ireland corresponding to section 60(2) (“the corresponding Northern Ireland provision”) applies, are to information of any description within the corresponding Northern Ireland provision.

Commencement Information

I1S. 59(1)(3)-(7) in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7

I2S. 59(2) in force at 10.2.2005 for specified purposes and at 1.4.2005 in so far as not already in force by S.I. 2005/275, art. 2(2), Sch. Pt. 2

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