Paragraph 14 I1

England, Wales and Scotland

The trustees of a scheme that is pursuing continuity option 1 may—

(a)

arrange for the future contributions of employers and active members to be paid to the trustee default scheme from a date to be decided by the trustees, and

(b)

arrange for any contributions received from employers and active members after the date referred to in sub-paragraph (a) to be forwarded to the trustees of the applicable scheme.

Annotations

Commencement

I1: Sch. 5 para. 14 in force at 1.10.2018, see reg. 1(2)