Pensions (Amendment) Act, 2002

Amendment of section 57 of Principal Act.

40.—The following section is substituted for section 57 of the Principal Act:

“Modification of Part V.

57.—Where the Minister considers that it would be unreasonable, having regard to their nature and character and the size of their membership, to require specified schemes or categories of schemes to comply fully with sections 54, 55, 56 and 56A, he may by regulations made with the consent of the Minister for Finance provide that, in relation to those schemes, one or more or all of those sections shall not apply, or shall apply with specified modifications, being modifications that, in the opinion of the Minister are reasonable and are not such as to relieve the trustees of the obligation to furnish such information under those sections as is appropriate in all the circumstances.”.