Part 5 Funding and Accounts

Part 5 Funding and Accounts

Funding

24

The Secretary of State may pay the Regulator out of money provided by Parliament such sums as he may determine towards its expenses.

25

(1)     The Secretary of State may make regulations authorising the Regulator to charge fees to meet the costs incurred by the Regulator in connection with applications made for—

(a)     the modification of an occupational pension scheme under section 69 of the Pensions Act 1995 (c 26) or under any corresponding provision in force in Northern Ireland, or

(b)     the issuing of a clearance statement under section 42 or 46 or under any corresponding provision in force in Northern Ireland.

(2)     Regulations under sub-paragraph (1) may prescribe, or authorise

Powered by Lexis+®

Popular documents