§ '(1) An application by the trustees or managers of an occupational pension scheme for authorisation under this section must be made to the Regulator in the prescribed form and in the prescribed manner.
§ (2) Regulations may make provision as to—
- (a) the revocation by the Regulator of authorisation under this section, and
- (b) the criteria to be applied by the Regulator in reaching any decision relating to the grant or revocation of authorisation.'.—[Mr. Pond.]
§ Brought up, read the First and Second time, and added to the Bill.