9 Decision on application

9  Decision on application

(1)     Where an application is made for authorisation of a collective money purchase scheme under section 8, the Pensions Regulator must decide whether it is satisfied that the scheme meets the authorisation criteria.

(2)     The Pensions Regulator must make that decision within the period of six months beginning with the day on which the Pensions Regulator received the application.

(3)

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