129 Applications and notifications for the purposes of section 128

129  Applications and notifications for the purposes of section 128

(1)     Where the trustees or managers of an eligible scheme become aware that—

(a)     the employer in relation to the scheme is unlikely to continue as a going concern, and

(b)     the prescribed requirements are met in relation to the employer,

they must make an application to the Board for it to assume responsibility for the scheme under section 128.

(2)

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