OpenLegislation

Paragraph 8

As made

A requirement that the transferee admission body–

(a)

notifies the administering authority of any matter which may affect, or is likely to affect, its participation in the Scheme; and

(b)

gives immediate notice to that authority of any actual or proposed change in its status which may give rise to a termination,

and, for these purposes, a termination includes a take over, reconstruction or amalgamation, liquidation or receivership and a change in the nature of the body’s business or constitution.