keep The Social Security Administration Act 1992 (Amendment) Order 2002
This Order amends section 109B of the Social Security Administration Act 1992 to update definitions and expand the categories of persons from whom the Department for Work and Pensions may require information. Key changes include: adding the Director of National Savings as a person subject to information requests; substituting 'any insurer' in place of more specific references; updating Gas Act licence holder references; revising Electricity Act supplier definitions; and replacing the definition of 'bank' and introducing a definition of 'insurer' to reflect the Financial Services and Markets Act 2000 framework. The amendments are primarily technical, updating cross-references to reflect the FSMA 2000 regime.
This is a technical amendment that updates outdated cross-references to reflect the Financial Services and Markets Act 2000 regime and expands information-sharing categories for social security administration. While any information-gathering power carries some cost, deleting this would create legal uncertainty and gaps in fraud prevention capabilities without reducing any substantive regulatory burden on citizens or businesses. The amendments largely codify existing practice and provide clarity through updated definitions.