27 Treasury directions

27  Treasury directions

(1)     The powers mentioned in subsection (2) must be exercised in accordance with Treasury directions.

(2)     The powers are—

(a)     the powers to make scheme regulations by virtue of section 18 (powers to reduce or waive liabilities) and any powers exercisable by virtue of such regulations;

(b)     the power to make scheme regulations by virtue of section 19 (pension credit members) and any powers exercisable by virtue of such regulations;

(c)     the power to make scheme regulations by virtue of section 20 (voluntary contributions) and any powers exercisable by virtue of such

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