(1) The Authority, in consultation with the Pensions Authority, shall draw up -

(a) standards to apply for the purposes of section 51 in relation to occupational pension schemes,

(b) standards to apply for the purposes of section 51 in relation to PRSAs,

(c) standards to apply for the purposes of section 51 in relation to trust RACs, and

(d) standards to apply for the purposes of section 51 in relation to PEPPs.

(2) The standards drawn up under this section shall relate to levels of contribution by employers and employees, and any other matter that the Authority, in consultation with the Pensions Authority, considers appropriate.

(3) In drawing up standards under this section, the Authority -

(a) shall have regard to the operation of this Act in relation to participants, and