Schedule 5: Removal of Secretary of State’s role in approving actuarial guidance Part 3: Personal Accounts Delivery Authority Section 20: Personal Accounts Delivery Authority
365.Section 20 establishes as from the passing of the Act a body corporate called the ‘Personal Accounts Delivery Authority’ (the “Authority”) which is to have a remit covering the whole of Great Britain and Northern Ireland. The Authority is not a servant or agent of the Crown, and as such does not enjoy the associated status, immunity or privileges. The section also introduces Schedule 6, which contains provisions about the membership of the Authority and other matters.