New Clause 25

Pensions Bill – in a Public Bill Committee at 6:30 pm on 19th February 2008.

Alert me about debates like this

Compliance notices

‘(1) The Pensions Regulator (referred to in this Chapter as the “Regulator”) may issue a compliance notice to an employer if the Regulator is of the opinion that the employer has contravened section [Prohibited recruitment conduct].

(2) A compliance notice is a notice directing the employer to take, or refrain from taking, the steps specified in the notice in order to—

(a) remedy the contravention, or

(b) prevent the contravention being repeated.

(3) A compliance notice may, in particular—

(a) state the period within which any step must be taken or must cease to be taken;

(b) require the employer to provide within a specified period specified information relating to the contravention;

(c) require the employer to inform the Regulator, within a specified period, how the employer has complied or is complying with the notice;

(d) state that, if the employer fails to comply with the requirements of the notice, the Regulator may issue a penalty notice under section [Penalty notices].

(4) A compliance notice must specify the contravention to which the notice relates.’.—[Mr. O'Brien.]

Brought up, read the First and Second time, and added to the Bill.