Pensions (Amendment) Act, 2002

Amendment of section 18 of Principal Act.

14.—Section 18 of the Principal Act is amended—

(a) by the insertion after “a scheme” in subsection (1) of “or the state of a PRSA product”;

(b) by the insertion after “a scheme” in subsection (3A) of “or a PRSA product”;

(c) by the insertion after “a scheme” in subsections (6) and (7) of “or a PRSA provider”;

(d) by the insertion after “the scheme” in subsection (3A)(c) of “or the PRSA product”;

(e) by the insertion after “the scheme” in subsections (3A)(d) and (5)(c) of “or the activities of the PRSA provider as such a provider”;

(f) by the insertion after “the scheme” in subsections (6) and (7) of “or the PRSA provider”;

(g) by the substitution for subsection (2) of the following subsection:

“(2) The Board or an authorised officer may in relation to—

(a) a scheme, require the employer concerned or the trustees of the scheme,

(b) a PRSA provider, require the officers and employees of the PRSA provider in respect of its PRSA activities, and

(c) an employer, require him in relation to his obligations under section 121,

to furnish it within such reasonable period as may be specified with such information and explanations and such books of account and other documents in relation to the scheme or, as the case may be, PRSA products provided by the PRSA provider as may be specified.”;

(h) by the insertion after “trustee” in subsection (3A)(a) of “,PRSA provider”;

(i) by the insertion after “the employer” in subsection (4) of “or the PRSA provider in relation to its activities as such a provider”; and

(j) by the insertion after “the employer” in subsection (5) of “or the PRSA provider”.