Paragraph 27

England, Wales and Scotland

Subject to paragraphs 30 and 31 below, no trade union or employers’ association shall after the commencement of this Part of this Schedule begin to maintain a members’ superannuation scheme unless, before the date on which the scheme begins to be maintained,—

(a)

the proposals for the scheme have been examined by an appropriately qualified actuary; and

(b)

a copy of a report made to the trade union or employers’ association by the actuary on the results of his examination of the proposals, signed by the actuary, has been sent to the F1Certification Officer;

and the provisions of paragraph 25 above shall have effect in relation to a report under this paragraph on the proposals for a scheme as they have effect in relation to a report on a scheme under paragraph 23 above.

Annotations

Textual amendments

F1: Words substituted by Employment Protection Act 1975 (c. 71), Sch. 16 Pt. III para. 1

Notes on the whole Act

Textual amendments

F1: Act repealed N.I. (16.7.1992) (E.W.S.) (16.10.1992) by Trade Union and Labour Relations (Consolidation) Act 1992 (c. 52), ss. 300(1), 302, Sch.1.