Paragraph 10 I1I2
The Final Transfer must consist of assets in accordance with either sub-paragraphs (2) or (3).
If the Final Transfer Amount (as at the Effective Date) is £50million or less, assets that have been allocated to the BlackRock Cash Portfolio.
If the Final Transfer Amount (as at the Effective Date) is more than £50million, the assets must—
comprise part of the Estimated Final Transfer Amount Portfolio;
be allocated to the same asset classes as the assets that comprise the entire Estimated Final Transfer Amount Portfolio, and
be allocated between the mandates in the same proportions as the Estimated Final Transfer Amount Portfolio as far as reasonably practicable, immediately before the Final Transfer Date.
Annotations
Commencement
- I1
Sch. 6 para. 10 not in force at made date, see art. 1(2)
- I2
Sch. 6 para. 10 in force at 1.4.2012 by S.I. 2012/966, arts. 2, 3(b)