The Pensions Act 2004 (Disclosure of Restricted Information by the Pensions Regulator – Amendment) Order 2012

Statutory Instruments

2012 No. 691

Pensions

The Pensions Act 2004 (Disclosure of Restricted Information by the Pensions Regulator – Amendment) Order 2012

Made

3rd March 2012

Laid before Parliament

8th March 2012

Coming into force

6th April 2012

The Secretary of State for Work and Pensions makes the following Order in exercise of the powers conferred by section 86(2)(a)(iii) of the Pensions Act 2004(1).

In accordance with section 86(2) of that Act, the Secretary of State has consulted with the Pensions Regulator.

Citation and commencement

1.—(1) This Order may be cited as the Pensions Act 2004 (Disclosure of Restricted Information by the Pensions Regulator – Amendment) Order 2012.

(2) It comes into force on 6th April 2012.

Amendment of Schedule 3 to the Pensions Act 2004

2.—(1) Schedule 3 to the Pensions Act 2004 (restricted information held by the Regulator: certain permitted disclosures to facilitate exercise of functions) is amended in accordance with this article.

(2) In the second column of the entry(2) relating to any body carrying on activities concerned with any of the matters set out in section 16(2) of the Companies (Audit, Investigations and Community Enterprise) Act 2004(3) etc—

(a) in paragraph (e), for the words from “Institute of Actuaries” to the end substitute “Institute and Faculty of Actuaries(4) (“Institute and Faculty”), or persons who are not such members but are subject to the rules of that body in performing actuarial functions (“members”),”, and

(b) in paragraph (h), for “Institute or Faculty” in each place it occurs substitute “Institute and Faculty”.

Signed by authority of the Secretary of State for Work and Pensions.

Steve Webb

Minister of State,

Department for Work and Pensions

3rd March 2012

EXPLANATORY NOTE

(This note is not part of the Order)

This Order amends Schedule 3 to the Pensions Act 2004 (c.35) to replace references to the Institute of Actuaries and to the Faculty of Actuaries with references to the Institute and Faculty of Actuaries, which is the new body formed by the merger of the Institute of Actuaries and the Faculty of Actuaries.

A full impact assessment has not been published for this instrument as it has no impact on the costs of the private sector and civil society organisations.

(1)

2004 c.35.

(2)

This entry was inserted by S.I. 2006/2937 and amended by S.I. 2009/1941.

(3)

2004 c.27.

(4)

The Institute and Faculty of Actuaries can be contacted at Staple Inn Hall, High Holborn, London WC1V 7QJ and at www.actuaries.org.uk.