C1Part 1Pension scheme membership for jobholders
Chapter 6Personal Accounts Delivery Authority
Functions
79Functions
F1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
80Principles
F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
81Directions and guidance
F3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
82Finance
F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
83Disclosure of information by the Regulator
F5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Constitution
84Non-executive committee
F6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
85Executive members
F7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Winding up
86Winding up of the Authority
1
Section 23 of the Pensions Act 2007 (c. 22) (winding up of the Authority) is amended as follows.
2
For subsection (1) substitute—
1
The Secretary of State may by order provide for the winding up and dissolution of the Authority.
3
Subsections (2) to (4) are omitted.
4
In subsection (5)(a), after “Secretary of State” insert “
or any other person
”
.
5
In subsection (7)—
a
the words after “
provision of
”
become paragraph (a) of that subsection; and
b
at the end of that paragraph insert —
;
b
sections 79 to 85 of the Pensions Act 2008.
Pt. 1 applied (with modifications) (temp. 1.7.2012 to 30.6.2020) by The Automatic Enrolment (Offshore Employment) Order 2012 (S.I. 2012/1388), art. 2 (with saving in art. 5)