252 UK-based scheme to be trust with effective rules

Restrictions on payment into occupational pension schemes

252  UK-based scheme to be trust with effective rules

(1)     Subsections (2) and (3) apply to an occupational pension scheme that has its main administration in the United Kingdom.

(2)     If the scheme is not established under irrevocable trusts, the trustees or managers of the scheme must secure that no funding

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