3 Prohibition on operating a scheme unless authorised
Pension Schemes Act 2017 (2017 c 17) | Legislation

Authorisation: applications etc

3  Prohibition on operating a scheme unless authorised

(1)     A person may not operate a Master Trust scheme unless the scheme is authorised.

(2)     Section 10 of the Pensions Act 1995 (civil penalties) applies to a person who breaches subsection

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