Part 1: Collective Money Purchase Benefits Authorisation criteria Section 12: Scheme design requirement
This section applies for the purposes of enabling the Pensions Regulator to decide whether it is satisfied that the design of a collective money purchase scheme is sound.
	Subsection (2) provides that in deciding whether the design of the scheme is sound, the Regulator must take into account the scheme’s viability report and viability certificate (see section 13) and any matters specified in regulations made by the Secretary of State (these regulations may include provision requiring specified information to be provided to the Regulator (subsection (3)).