Regulation 11 Exemption from requirement to make reports to the Authority about winding up
(1)
There is no obligation to make a report to the Authority under section 72A(1) of the 1995 Act if on the latest date for the making of the report the scheme is within paragraph (2).
(2)
A scheme is within this paragraph if it is—
(a)
a scheme of which there is only one member,
(b)
a small self-administered scheme,
(c)
a scheme of which each member is a trustee, or
(d)
a scheme—
(i)
the only benefits provided by which are death benefits, and
(ii)
under the provisions of which no member has accrued rights.
(3)
In this regulation “member” means a deferred member or a pensioner member.