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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 2 July 1996 - onwards

38. Compulsory and voluntary reporting to Board, etc.

The Principal Act is hereby amended by the insertion after section 81 of the following Part:

"Part VIII Compulsory and Voluntary Reporting to the Board

Definition (Part VIII).

82. In this Part 'relevant person' means, in relation to a scheme, a person who -

(a) is an auditor of the scheme, or

(b) is an actuary of the scheme, or

(c) is a trustee of the scheme, or

(d) is an insurance intermediary (within the meaning of section 2 of the Insurance Act, 1989), in relation to the scheme, or

(e) is an investment business firm (within the meaning of section 2 of the Investment Intermediaries Act, 1995), and -

(i) has advised on the scheme, or

(ii) has received any payment in relation to the investment of any of the resources of the scheme, or

(f) has been instructed to prepare, or who has prepared, an annual report of the scheme in accordance with section 55, or

(g) has been appointed by the trustees of the scheme to carry out, or who is carrying out, any of the duties of the trustees of the scheme under section 59.

Obligation to disclose misappropriation, etc., of resources of schemes to Board.

83.