Exemptions from requirement to have member-nominated trusteesI12
For the purposes of Article 218(8)(c) (requirement for member-nominated trustees) a scheme is of a prescribed description if the scheme—
a
has fewer than two members;
b
is a scheme to which Article 22 of the 1995 Order9 (circumstances in which independent trustees provisions apply) applies;
c
is an occupational pension scheme within the meaning given by section 1 of the Pension Schemes Act10 (categories of pension schemes), but which is not a registered pension scheme;
d
is a relevant small occupational pension scheme;
e
is a relevant centralised scheme;
f
is a direct payment paid-up insurance scheme;
g
is a former old code scheme;
h
is a section 615(6) scheme;
i
j
is a scheme where the sole trustee, or all the trustees are independent within the meaning given by Article 23(3) of the 1995 Order;
k
is a stakeholder pension scheme within the meaning of Article 3 of the 1999 Order14;
l
is a small insured scheme, or
m
is independent of the employer by virtue of the employer having been dissolved or liquidated prior to 6th April 2005.