Paragraph 25
Where this Part provides that trustees must meet a requirement “as far as they are able”, the trustees are required to take all such steps as are reasonable and proportionate in the particular circumstances taking into account—
(a)
the costs, or likely costs, which will be incurred by the scheme; and
(b)
the time required to be spent by the trustees, or any person to whom the trustees have delegated responsibility,
in taking such steps.