Governance
I1I2I3I44Scheme manager
1
Scheme regulations for a scheme under section 1 must provide for a person to be responsible for managing or administering—
a
the scheme, and
b
any statutory pension scheme that is connected with it.
2
In this Act, that person is called the “scheme manager” for the scheme (or schemes).
3
The scheme manager may in particular be the responsible authority.
F13A
Subsection (1) does not apply to a scheme under section 1 if—
a
the scheme is connected with another scheme under section 1, and
b
a scheme manager is provided for under subsection (1) in scheme regulations for that other scheme.
4
Subsection (1) does not apply to a scheme under section 1 which is an injury or compensation scheme.
5
Scheme regulations may comply with the requirement in subsection (1)(a) or (b) by providing for different persons to be responsible for managing or administering different parts of a scheme (and references in this Act to the “scheme manager”, in such a case, are to be construed accordingly).
6
For the purposes of this Act, a scheme under section 1 and another statutory pension scheme are connected if and to the extent that the schemes make provision in relation to persons of the same description.
F26A
The reference in subsection (6) to a statutory pension scheme includes a statutory pension scheme established (under section 1 or otherwise) after the establishment of the scheme under section 1 mentioned in that subsection.
7
Scheme regulations may specify exceptions to subsection (6).