(1) The Pensions Authority shall, subject to subsection (2), report to EIOPA in respect of the provisions of this Part and 59AB which are -
(a) of a prudential nature, and
(b) are not covered by social and labour law on the organisation of pension schemes referred to in Article 11(1) of the Directive of 2016,
in respect of a scheme or trust RAC.
(2) A report under subsection (1) shall be made at least every 2 years.
(3) Nothing in subsection (2) shall operate to prevent a report under subsection (1) from being made from time to time as the Pensions Authority considers appropriate.