Section 83 of the Principal Act is amended -

(a) by the insertion in subsection (1) after "a scheme" of "or PRSA", and

(b) by the insertion after subsection (2) of the following subsections:

"(2A) Where a relevant person referred to in paragraph (i) or (j) of section 82 has reason to believe that a PRSA provider has carried on activities in relation to PRSA products referred to in Part X otherwise than in accordance with that Part, that person shall, as soon as is practicable, give to the Board a report in writing of the particulars of such activities.

(2B) Where a relevant person referred to in section 82(j) -

(a) has reason to believe that a PRSA provider has not operated a custodian account in accordance with the requirements of Part X; or

(b) is unable to express an opinion on a PRSA provider's accounts within 75 days after the end of the financial year in relation to that PRSA provider,

that person shall, as soon as practicable, report the matter in writing to the Board.

(2C) Where a relevant person referred to in paragraph (h), (i) or (j) of section 82 has reason to believe that an employer has failed or is failing to comply with the provisions of section 121, that person shall, as soon as is practicable, give to the Board a report in writing of the particulars of such failure.