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Version status: Not yet in force | Document consolidation status: No known changes
Version date: 9 July 2024 - 30 March 2025
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45. Preparation and submission of supervisory report by Pensions Authority

(1) Before submitting a supervisory report to the Minister the Pensions Authority shall, not later than 31 March after the reporting period to which the report relates, send the Board a draft of the report.

(2) A draft report submitted under subsection (1) shall be accompanied by -

(a) a copy of any material relied on by the Pensions Authority in preparing the draft report, and

(b) a notice in writing stating that the Board may, not later than 6 weeks from the date on which it receives the notice, or such further period as the Pensions Authority considers necessary, make submissions in writing to the Pensions Authority on the draft report.

(3) The Pensions Authority shall, as soon as is practicable after the expiration of the period referred to in subsection (2)(b), and having considered any submissions made in accordance with the notice under that subsection, make any revisions to the draft report which in the opinion of the Pensions Authority are warranted, and finalise the report.

(4) The Pensions Authority shall include as an appendix to the report a copy of any submissions made under subsection (2)(b).