C1Part 1Pension scheme membership for jobholders

Annotations:
Modifications etc. (not altering text)
C1

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)

Chapter 5Duty to establish a pension scheme

Pension scheme

72Procedure for rules

1

A person who proposes to make rules under section 67 must publish a draft of the rules and invite comments.

2

They must have regard to any comments made in accordance with the invitation.

3

If they make the rules they must publish an account in general terms of those comments and their response to them.

4

If the rules they make differ from the draft published under subsection (1), they must publish details of any differences that they think are significant.

5

Subsection (6) applies to any rules made by the Secretary of State under section 67 relating to a scheme, except rules taking effect at the same time as the order establishing the scheme.

6

The Secretary of State may not make the rules without the consent of the trustees.

7

But the trustees may not withhold their consent without giving reasons.

8

The trustees must consult the members' panel and the employers' panel—

a

before making rules under section 67;

b

before deciding whether to give consent under subsection (6).

9

If the Secretary of State or the trustees make rules under section 67 they must publish them.

10

Anything published under this section must be published in a way designed to bring it to the attention of the persons likely to be interested or affected.

11

The publication must not be limited to electronic publication.