Regulation 8 Notification by participant of non-eligibility
(1)
On becoming aware that, by reason of a change in its circumstances or otherwise, it is not, or may not be, eligible to participate in a pension funds pooling scheme, a participant shall notify the trustee of the scheme in writing of that fact within seven days after its becoming so aware.
(2)
A notification under paragraph (1)—
(a)
shall state the reason why the participant considers that it is not, or may not be, so eligible, and
(b)
shall be accompanied by a copy of any document in the participant’s possession that confirms or suggests that it is not, or may not be, so eligible.