Clause 40 - Scheme returns: supplementary
Pensions Bill
2:45 pm
Mr Malcolm Wicks (Minister for pensions, Department for Work and Pensions; Croydon North, Labour)
The purpose of the clause is to make clear the duties of the regulator, trustees and managers in respect of scheme returns. As such, the clause has effect for the purposes of clauses 38 and 39 that have both been agreed, and specifies the meaning of such important technicalities as ''return date'' and ''scheme return''. It is straightforward.