Pensions (Amendment) Act, 1996

Costs of trustee training.

23.—The Principal Act is hereby amended by the insertion after section 59 of the following section:

“Costs of trustee training

59A.—Notwithstanding anything in the rules of a scheme, the trustees of a scheme may meet reasonable costs and expenses incurred in receiving appropriate training on their duties and responsibilities as such trustees from the resources of the scheme.”.