Pensions (Amendment) Act, 2002

Amendment of section 3(1) of Principal Act.

7.—Section 3(1) of the Principal Act is amended—

(a) by the substitution for paragraphs (a), (b) and (bb) of the following paragraphs:

“(a) Where—

(i) a trustee in his capacity as trustee,

(ii) an employer,

(iii) a PRSA provider,

(iv) an actuary or auditor of a scheme or a PRSA in his capacity as such actuary or auditor,

(v) a person who is required under regulations made under section 5A to carry out any of the duties imposed upon trustees by this Act or by any regulations thereunder, in his capacity as such a person, or

(vi) any other person,

contravenes a provision of this Act or a regulation thereunder, he shall be guilty of an offence.

(b) Where a person of whom a requirement is made by the Pensions Ombudsman under subsection (1) or (2) of section 137 fails to comply with that requirement, he shall be guilty of an offence.”;


(b) by the substitution in paragraph (c) for “(a), (b) or (bb)” of “(a)”.