Regulation 23 Form and content of withdrawal notices issued under sections 146 and 147 of the Act

(1)

A notice issued under section 146(2) or 147(2) of the Act (“a withdrawal notice”) shall be in writing and shall contain the following information—

(a)

the name or type of the notice issued;

(b)

the date on which the notice is issued;

(c)

the name, address and pension scheme registration number of the scheme in respect of which the notice is issued,

(d)

the name of the employer in relation to the scheme in respect of which the notice is issued;

(e)

a statement that the Board has refused to assume responsibility for the scheme in respect of which the notice is issued;

(f)

the period in relation to which the Board is satisfied that the scheme in respect of which the notice is issued is not an eligible scheme;

(g)

a statement of reasons for the Board's decision to refuse to assume responsibility for the scheme in respect of which the notice is issued;

(h)

whether the issue of the notice by the Board is a reviewable matter and, if so, the time limits for applying for a review of or appeal against the issue of that notice;

(i)

the date on which the notice issued will become binding;

(j)

the address for communications at which the Board may be contacted in respect of the issue of the notice; and

(k)

whether the notice issued contains restricted information and, if so, the nature of any restrictions.

(2)

Where a notice to which this regulation applies becomes binding, the Board shall issue a notice to that effect (“a binding notice”) which shall be in writing and shall contain the following information—

(a)

the information described in paragraph (1)(a) to (f) and (j) and (k);

(b)

the date on which the withdrawal notice referred to in paragraph (1) was issued; and

(c)

a statement that the withdrawal notice referred to in paragraph (1) has become binding.