90 Codes of practice

Codes of practice

90  Codes of practice

(1)     The Regulator may issue codes of practice—

(a)     containing practical guidance in relation to the exercise of functions under the pensions legislation, and

(b)     regarding the standards of conduct and practice expected from those who exercise such functions.

(2)     The Regulator must issue one or more such codes of practice relating to the following matters—

(a)     what constitutes a “reasonable” period for the purposes of any provision of the pensions legislation (other than any enactment contained in or made by virtue of Part 2) which requires any action to be taken within such a period;

[(aa)     the circumstances in which the Regulator expects to issue contribution notices under section 38 as a result of being of the opinion that the material detriment test[, the employer insolvency test or the employer resources test] is met in relation to an act or failure;]

(b)     the discharge of the duty imposed by section 69 (duty to notify Regulator of certain events);

[(ba)     the discharge of the duties imposed by section 69A (duty to give notices and statements to the Regulator in respect of certain events);]

(c)     the discharge of the

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