The Teachers' Superannuation (Provision of Information and Administrative Expenses etc.) Regulations 1996

• Citation: S.I. 1996/2282
• Sections: 4

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Teachers' Superannuation (Provision of Information and Administrative Expenses etc.) Regulations 1996 and shall come into force on 1st October 1996.

(2) In these Regulations —

“the 1986 Act ”means the Financial Services Act 1986;

“the 1995 Act ”means the Pensions Act 1995; and

“the Teachers' Superannuation Scheme ”means the occupational pension scheme constituted by the Teachers' Superannuation (Consolidation) Regulations 1988 .

Section 2 Application

(1) These Regulations apply to an individual as mentioned in section 172(1) of the 1995 Act who has been eligible to be an active member off the Teachers' Superannuation Scheme.

(2) In paragraph (1) above “active member”shall be construed in accordance with section 172(5) of the 1995 Act.

Section 3 Provision of information

(1) The circumstances for the purposes of section 172(1) of the 1995 Act (prescribed circumstances in which the Secretary of State may provide information) are that the individual to whom the information relates or, where he has died, his personal representative, has requested or consented in writing to the provision of the information.

(2) The persons for the purposes of section 172(1) of the 1995 Act (prescribed persons to whom the Secretary of State may provide information) are —

(a) a person who is or has been an authorised person within the meaning of the 1986 Act (“an authorised person”);

(b) an appointed representative within the meaning of section 44 of the 1986 Act (“an appointed representative”);

(c) a recognised self-regulating organisation within the meaning of the 1986 Act;

(d) a recognised professional body within the meaning of the 1986 Act;

(e) the Securities and Investments Board ;

(f) the Investors' Compensation Scheme Limited ;

(g) a professional indemnity insurer of an authorised person or an appointed representative;

(h) The Chartered Accountants' Compensation Scheme;

(i) The Solicitors' Indemnity Fund Limited;

(j) a person or body arbitrating or adjudicating in, or investigating or considering, a complaint brought by such an individual as is mentioned in section 172(1) of the 1995 Act against an authorised person or an appointed representative;

(k) a person or body appointed to act on behalf of any of the above.

Section 4 Readmission etc. fees

The persons for the purposes of section 172(2) of the 1995 Act (prescribed persons on whom the Secretary of State may impose a fee in respect of administrative expenses in connection with the admission or readmission of an individual to a scheme or for the administration of a compensation payment) are the persons specified in regulation 3(2) (a) to (d), and (f) to (i) above and a person or body appointed to act on behalf of any such person.