SCHEDULES

SCHEDULE 5Pensions: miscellaneous amendments and alternative to anti-franking rules

Part IMiscellaneous amendments

Information about contracting-out

9For section 156 of the 1993 Act (provision of information as to guaranteed minimum pensions) there shall be substituted—

“156Information for purposes of contracting-out

(1)The Secretary of State or the Inland Revenue may give to the trustees or managers of an occupational pension scheme or appropriate scheme such information as appears to the Secretary of State or Inland Revenue appropriate to give to them for the purpose of enabling them to comply with their obligations under Part III.

(2)The Secretary of State or Inland Revenue may also give to such persons as may be prescribed any information that they could give under subsection (1) to trustees or managers of a scheme.”