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Regulation 7 Power of trustees to modify trust schemes by resolution

Original text. Later amendments are not shown.

For the purposes of section 68(6) of the 1995 Act (power to modify schemes by resolution does not apply to trust schemes falling within a prescribed class or description) the prescribed class or description is any trust scheme—

(a)

in respect of which any Minister of the Crown has given a guarantee or made arrangements for the purpose of securing that the assets of the scheme are sufficient to meet its liabilities; or

(b)

which is a public service pension scheme.