Pensions Act 2008
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Change 1
30A Review of exercise of powers under section 28C
(1) The Secretary of State must— (a) review the effects of any regulations under section 28C (approvals in respect of asset allocation), and (b) prepare, publish and lay before Parliament, a report of the review. (2) A review under subsection (1) must be conducted before the end of the period of 5 years beginning with the day on which the regulations in question come into force. (3) In carrying out the review the Secretary of State must take the following into account— (a) whether and how the financial interests of members of Master Trust schemes and savers in group personal pension schemes have been affected by the regulations; (b) the effects (if any) of the measures on economic growth in the United Kingdom; (c) any other matters the Secretary of State considers appropriate.
30A Review of exercise of powers under section 28C
(1) The Secretary of State must— (a) review the effects of any regulations under section 28C (approvals in respect of asset allocation), and (b) prepare, publish and lay before Parliament, a report of the review. (2) A review under subsection (1) must be conducted before the end of the period of 5 years beginning with the day on which the regulations in question come into force. (3) In carrying out the review the Secretary of State must take the following into account— (a) whether and how the financial interests of members of Master Trust schemes and savers in group personal pension schemes have been affected by the regulations; (b) the effects (if any) of the measures on economic growth in the United Kingdom; (c) any other matters the Secretary of State considers appropriate.
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