# The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022, Paragraph 20


As soon as practicable after the trustees of a collective money purchase scheme that is pursuing continuity option 1 have, in accordance with section 36 of the Act, discharged the scheme’s liability in respect of beneficiaries’ accrued rights to benefits under the scheme, they must wind up the scheme.

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Source: https://www.legislation.gov.uk/ukdsi/2022/9780348231182/schedule/6/paragraph/20 (the official version)
Page: https://openlegislation.uk/draft-occupational-pension-schemes-collective-money-purchase-schemes-regulations-2022/schedule-6/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.