Regulation 6 Schemes excluded from sections 26A and 26B of the 1995 Act
(1)
Section 26A of the 1995 Act does not apply to any scheme within paragraph (2)(a) or (b) and 26B of that Act does not apply to any scheme 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.