Regulation 4 Transitional
In relation to a scheme which has alternative arrangements for the appointment of trustees or directors approved under section 17(1) (exceptions), or 19(1) (corporate trustees: exceptions) of the 1995 Act immediately prior to the date those sections were repealed, the approval of such arrangements shall cease to have effect—
on the date the approval under regulation 20 of the Occupational Pension Schemes (Member-nominated Trustees and Directors) Regulations 1996 M1 (cessation of approval of appropriate rules and alternative arrangements) would cease to have effect but for the revocation of those Regulations; or
on 31st October 2007,
whichever is the earlier.
Annotations
Marginal citations
- M1
S.I. 1996/1216, the relevant amending instruments are S.I. 1997/786 and S.I. 2002/2327.