PART 2Collective money purchase benefits: Northern Ireland

Publication of information

I1I297Publication of information

1

The Department may by regulations require the trustees of a collective money purchase scheme to publish information relating to the scheme that is specified or described in the regulations.

2

Regulations under subsection (1) may, among other things—

a

require the trustees to publish a document specified or described in the regulations;

b

require information or a document to be made available free of charge;

c

require information or a document to be provided to a person in a form or by means specified or described in the regulations;

d

require or permit information specified or described in the regulations to be excluded from a document when it is published in accordance with the regulations.

3

In complying with a requirement imposed by regulations under subsection (1) a trustee must have regard to any guidance prepared from time to time by the Department.

4

Article 10 of the Pensions (Northern Ireland) Order 1995 (S.I. 1995/3213 (N.I. 22)) (civil penalties) applies to a trustee who fails to take all reasonable steps to comply with a requirement imposed by regulations under this section.

5

Regulations under subsection (1) are subject to negative resolution.