OpenLegislation

Paragraph 35 The 1995 Order

Original text. Later amendments are not shown.

In Article 25 (appointment and powers of independent trustees: further provisions)—

(a)

in paragraph (1) for “Article 23(1)(b)” substitute “Article 23(1)”,

(b)

in paragraph (2)—

(i)

after “a scheme” insert “and there is an independent trustee of the scheme appointed under Article 23(1)”, and

(ii)

omit from “but if” to the end,

(c)

in paragraph (3) for “, no independent trustee of the scheme may” substitute “and there is an independent trustee of the scheme appointed under Article 23(1), the independent trustee may not”, and

(d)

in paragraph (4)—

(i)

for “Article 23(1)(b)” substitute “Article 23(1)”, and

(ii)

after “person” insert “(within the meaning of Article 23(3))”.