Part 1: Master Trusts Chapter 4: On-going supervision of Master Trusts Section 15: Requirement to submit supervisory return
This section provides a requirement for a supervisory return to be submitted to the Pensions Regulator by the trustees, on request. Subsection (4) specifies that the return may not be required more frequently than once a year. Subsection (5) provides that a civil penalty under section 10 of the Pensions Act 1995 applies where there is a failure to submit the return.
	Subsection (2) provides a power for the Secretary of State to set out the information to be included in the supervisory return.
	Subsection (6) provides that any regulations made under this section are subject to the negative resolution procedure.