Pension Schemes Act 2021

This section has no associated Explanatory Notes

12(1)Section 316 (Parliamentary control of subordinate legislation) is amended as follows.E+W+S

(2)In subsection (2) (regulations and orders subject to affirmative procedure), after paragraph (za) insert—

“(zaa)regulations under section 38E(2)(a) (section 38 contribution notice: constitution of resources of employer);

(zab)regulations under section 38E(2)(b) (section 38 contribution notice: valuation of resources of employer);”.

(3)In subsection (2), after paragraph (zb) insert—

“(zc)regulations under section 58A(1) (offence of avoidance of employer debt: power to except certain schemes);

(zd)regulations under section 58B(1) (offence of conduct risking accrued scheme benefits: power to except certain schemes);

(ze)regulations under section 58C(1) (financial penalty for avoidance of employer debt: power to except certain schemes);

(zf)regulations under section 58D(1) (financial penalty for conduct risking accrued scheme benefits: power to except certain schemes);

(zg)regulations under section 73(5B)(a) (inspection of premises: power to specify provisions by reference to which there may be inspection);

(zh)regulations under section 88A(3) (financial penalties: power to amend maximum amount of penalty);”.

Commencement Information

I1Sch. 7 para. 12(1) in force at 25.6.2021 for specified purposes by S.I. 2021/752, reg. 2(a)