1 Master Trust schemes: definition
Pension Schemes Act 2017 (2017 c 17) | Legislation

Part 1 Master Trusts

Definition of a Master Trust Scheme

1  Master Trust schemes: definition

(1)     In this Act, “Master Trust scheme” means an occupational pension scheme which—

(a)     provides money purchase benefits (whether alone or in conjunction with other benefits),

(b)     is used, or intended to be used, by two or more employers,

(c)     is not used, or intended to be used, only

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