Clause 28 - Supplementary provision relating to
Pensions Bill
10:30 am
Mr Chris Pond (Parliamentary Under-Secretary, Department for Work and Pensions; Gravesham, Labour)
No, in those circumstances the trustees would not have to inform the regulator that they had decided to wind up the scheme. I am sure that the regulator would take an interest in whether the circumstances were appropriate and would want to ensure that members' interests were protected, but I do not think that there would be any formal requirement for the trustees to inform the regulator that they would be taking that action.
Question put and agreed to.
Clause 28 ordered to stand part of the Bill.