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Pensions Act 2008

Section 76: Functions

202.Section 76 provides for the trustee corporation to act as a trustee of the scheme and carry out any other functions within the legislation or scheme rules.

203.This section also provides the corporation with a broad power which will allow it to do anything necessary to enable it to carry out its functions. For example, this will allow the corporation to enter into agreements. It also allows the corporation to borrow and invest money, but it can only borrow with consent from the Secretary of State.

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