80 Risk notices

80  Risk notices

(1)     The Pensions Regulator may give a risk notice to the trustees of a collective money purchase scheme if the Regulator considers that—

(a)     there is an issue of concern in relation to the scheme, and

(b)     the scheme will breach the authorisation criteria, or is likely to breach them, if the issue is not resolved.

(2)     A risk notice is a notice that requires the trustees of the scheme to submit to the Pensions Regulator a plan (a “resolution plan”) setting out proposals for resolving the issue of concern.

(3)     A risk notice must—

(a)

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