89 Continuity option 3: conversion to closed scheme

89  Continuity option 3: conversion to closed scheme

(1)     This section applies where the trustees of a collective money purchase scheme decide to pursue continuity option 3.

(2)     The trustees must notify the Pensions Regulator when they consider that preparations for the conversion of the scheme into a closed scheme are complete.

(3)     The Department may by regulations require notification under subsection (2) to be given before the end of

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