Explanatory Note
(This note is not part of the Order)
This Order amends the Pension Protection Fund (PPF Ombudsman) Order 2005 (S.I. 2005/824) (“the principal Order”) which makes provision in respect of the Ombudsman for the Board of the Pension Protection Fund (“the PPF Ombudsman”) and the Deputy PPF Ombudsman.
Article 2 amends article 7 of the principal Order to provide that the PPF Ombudsman may, during the course of his investigation of a reviewable matter referred to him by virtue of regulations made under section 213 of the Pensions Act 2004 (“the Act”) or of a complaint of maladministration referred to him by virtue of regulations made under section 214 of the Act, disclose to specified persons information obtained during the course of the investigation.
A full regulatory impact assessment has not been produced for this instrument as it has no impact on the costs of business.