Regulation 16B Schemes to which regulation 16A ceases to applyF1
To the extent that
(a)
an investment becomes an employer-related loan or an employer-related investment as a result of regulation 16A ceasing to apply to a scheme; and
(b)
repayment or disinvestment cannot be effected immediately by virtue of contractual or other legal obligations,
the investment may be retained until the earliest date on which, having regard to contractual and other legal obligations, repayment or disinvestment can be effected.