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Pension Schemes Act (Northern Ireland) 2016

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    Commentary on Sections

    Part 2 – Collective Benefits

    Section 17: Restriction on borrowing by trustees or managers

    This section provides for a power to make regulations to prohibit trustees or managers of schemes containing collective benefits from borrowing money or acting as a guarantor, except in specified cases.  This also applies to anyone to whom the trustees or manager have delegated decisions about collective benefit investments.

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