83 Triggering event periods
Pension Schemes Act 2021 (2021 c 1) | Legislation

83  Triggering event periods

(1)     For the purposes of this Part, a “triggering event period” for a collective money purchase scheme is a period—

(a)     starting with the date on which a triggering event occurs in relation to the scheme, and

(b)     ending with the earliest of the dates given by subsection (2).

(2)     The dates are—

(a)     the date on which the trustees receive from the Pensions Regulator—

(i)     notification under section 88(4) that the Regulator is satisfied that the triggering event has been resolved, or

(ii)     notification under section 89(4) that the Regulator is satisfied that preparations for conversion to a closed scheme are complete and that the conversion will resolve

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