Paragraph 10
As made
A right for the administering authority to terminate the agreement in the event of–
(a)
the insolvency, winding up or liquidation of the transferee admission body;
(b)
a breach by that body of any of its obligations under the admission agreement (but where the breach is capable of remedy only where it has not been remedied within a reasonable time);
(c)
the withdrawal of approval by the Inland Revenue to the participation of that body as a Scheme employer; or
(d)
a failure by that body to pay any sums due to the fund within a reasonable period after receipt of a notice from the administering authority requiring it to do so.