Pensions (Amendment) Act, 2002

Amendment of section 54 of Principal Act.

36.—Section 54 of the Principal Act is amended—

(a) in subsection (1)—

(i) by the insertion after “trustees of a scheme” of “or any employer to whom a scheme relates”; and

(ii) by the insertion in paragraph (b) after “scheme” of “, including any commission, charge, expense or remuneration paid or received in connection with the scheme”;

(b) in subsection (4)—

(i) by the substitution of the following paragraph for paragraph (a):

“(a) The trustees of a scheme may request an employer to whom the scheme relates to furnish them with such information as they may reasonably require for the purposes of their functions under this Act or regulations thereunder and the employer shall comply with any such request.”;

(ii) by the insertion after paragraph (a) of the following paragraph:

“(aa) Any employer to whom a scheme relates may request the trustees of the scheme to furnish him with such information as he may reasonably require for the purposes of his functions under this Act or regulations thereunder and the trustees shall comply with any such request.”;

(iii) by the insertion in paragraph (b) after “trustees of the scheme” of “or any employer to whom the scheme relates”; and

(iv) by the insertion in paragraph (b) after “trustees” of “or the employer”.