62The register: duties of trustees or managersE+W+S
(1)Subsection (2) applies where—
(a)a registrable scheme is established, or
(b)an occupational or personal pension scheme otherwise becomes a registrable scheme.
(2)The trustees or managers of the scheme must, before the end of the initial notification period—
(a)notify the Regulator that the scheme is a registrable scheme, and
(b)provide to the Regulator all the registrable information with respect to the scheme.
(3)In subsection (2), the “initial notification period” means the period of three months beginning with—
(a)the date on which the scheme is established, or
(b)if later, the date on which it becomes a registrable scheme.
(4)Where there is a change in any registrable information in respect of a registrable scheme, the trustees or managers of the scheme must as soon as reasonably practicable, notify the Regulator—
(a)of that fact, and
(b)of the new registrable information.
(5)Where a registrable scheme—
(a)ceases to be a registrable scheme, or
(b)is wound up (otherwise than under section 161(2) (effect of Board assuming responsibility for scheme)),
the trustees or managers of the scheme must as soon as reasonably practicable, notify the Regulator of that fact.
(6)If subsection (2), (4) or (5) is not complied with, section 10 of the Pensions Act 1995 (c. 26) (civil penalties) applies to any trustee or manager who has failed to take all reasonable steps to secure compliance.
Commencement Information
I1S. 62 in force at 6.4.2005 by S.I. 2005/275, art. 2(7), Sch. Pt. 7