S.L. 514.8 Art. 40Notification of the requirements of social and labour law and information requirements.

(1) Where the transfer results in a cross-border activity, the European regulatory authority of the European IORP is to inform the competent authority, of the host Member State’s requirements of social and labour law relevant to the field of occupational pension schemes under which the occupational retirement plan is to be operated and of the information requirements referred to in Title IV of the Occupational Pensions Directive which shall apply to the cross-border activity, within four (4) weeks of receiving the decision as referred to in regulation 39(5).

(2) The competent authority shall communicate the information received in terms of sub-regulation (1) to the Maltese IORP within one (1) week of receiving the said information.

(3) The competent authority shall, upon receiving from the European regulatory authority of the home Member State of the European IORP, information on any significant change in the host Member State's requirements of social and labour law relevant to the field of occupational pension schemes referred to in sub-regulation (1) which may affect the characteristics of the occupational retirement plan insofar as it concerns the cross-border activity, and on any significant change in the host Member State's information requirements as referred to in sub-regulation (1), communicate the said information to the Maltese IORP.