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Paragraph 10 I1I2

Section 21 (triggering events) has effect as if—

(a)

in subsection (2)—

(i)

after “2” there were inserted “ , 2A ”;

(ii)

after “withdraw” there were inserted “ or refuse ”;

(b)

in subsection (5)(c)—

(i)

after “2” there were inserted “ or 2A ”;

(ii)

after “withdraw” there were inserted “ or refuse ”;

(iii)

after “withdrawn” there were inserted “ or refused ”;

(c)

in the table in subsection (6), after the row for item 2 there were inserted—

“

2A.The Pensions Regulator notifies the trustees of an existing Master Trust scheme of the Regulator's decision to refuse to grant the scheme authorisation.The date on which the notification is given.

”;

(d)

in that table, in the triggering event described in item 3, for “3(3)” there were substituted “ 3(4) ”.

Annotations

Commencement

I1

Sch. 2 para. 10 in force at 5.9.2018 for specified purposes by S.I. 2018/965, reg. 2(a)

I2

Sch. 2 para. 10 in force at 1.10.2018 in so far as not already in force by S.I. 2018/965, reg. 2(b)