5 Pension board

5  Pension board

(1)     Scheme regulations for a scheme under section 1 must provide for the establishment of a board with responsibility for assisting the scheme manager (or each scheme manager) in relation to the following matters.

(2)     Those matters are—

(a)     securing compliance with the scheme regulations and other legislation relating to the governance and administration of the scheme and any statutory pension scheme that is connected with it;

(b)     securing compliance with requirements imposed in relation to the scheme and any connected scheme by the Pensions Regulator;

(c)     such other matters as the scheme regulations may specify.

[(2A)     Subsection (1) does not apply

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