74 Powers of the Pensions Regulator

74  Powers of the Pensions Regulator

(1)     The powers conferred by this section are exercisable where it appears to the Pensions Regulator (as a result of a report made to it or otherwise) that the trustees of a collective money purchase scheme have without good reason—

(a)     failed to comply with a requirement imposed by or under this Part to obtain an actuarial valuation, or

(b)     failed

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