(1) Where the Pensions Authority is requested by EIOPA under the Regulation of 2010 to coordinate the carrying out of a stress-test referred to in that Regulation, the Pensions Authority shall –
(a) consider which schemes or trust RACs are to carry out the stress-test having had regard to the request made by EIOPA, and
(b) request the trustees of any scheme or trust RAC to –
(i) carry out any such stress-test, and
(ii) provide the Pensions Authority with information concerning the results of that stress-test by a date specified in the request.
(2) The trustees of a scheme or trust RAC referred to in paragraph (b) of subsection (1) shall comply with the request made under that paragraph.
(3) In this section and in section 54B, ‘Regulation of 2010’ means Regulation (EU) No 1094/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Insurance and Occupational Pensions Authority), amending Decision No 716/2009/
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