C1Part 1Pension scheme membership for jobholders
Chapter 5Duty to establish a pension scheme
Pension scheme
68Scheme orders: general
1
An order under section 67 establishing a scheme must provide for the trustee corporation (the body established by section 75) to be a trustee on the coming into force of the scheme.
2
An order under section 67 may provide for any provision of the Trustee Act 2000 (c. 29) to apply as if an order or rules under section 67 were a trust instrument.
3
An order under section 67 may provide for the trustees to have power to make rules under that section.
4
Where the trustees have power to make rules, an order under section 67 may provide—
a
that they may not exercise the power in specified circumstances;
b
that they may exercise it subject to conditions;
c
that they must comply with requirements for consultation or publication or other procedural requirements when exercising the power.
5
An order under section 67 may make provision for the exclusion of, or indemnity against, liability of a trustee, or an officer or employee of a trustee, arising out of the administration or management of a scheme.
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)