49 Other responsibilities of trustees, employers, etc
Pensions Act 1995 (1995 c 26) | Legislation

Receipts, payments and records

49  Other responsibilities of trustees, employers, etc

(1)     The trustees of any trust scheme must, except in any prescribed circumstances, keep any money received by them in a separate account kept by them [with a deposit-taker].

[(1A)     . . .]

(2)     Regulations may require the trustees of any trust scheme to keep—

(a)     records of their meetings (including meetings of any of their number), and

(b)     books and records relating to any prescribed transaction.

(3)     Regulations may, in the case of any trust scheme, require the employer, and any prescribed person acting in connection with the scheme, to keep books and records relating to any prescribed transaction.

(4)     Regulations may require books or records kept under subsection (2) or (3) to be kept in a prescribed form and manner and for a prescribed period.

(5)     Regulations must, in cases where payments of benefit to members of trust schemes are made by the employer, require

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