Continuity option 1: transfer out and winding upN.I.
This section has no associated Explanatory Memorandum
20. Schedule 5 applies when the trustees of a Master Trust scheme—
(a)are required, or decide, to pursue continuity option 1, and
(b)propose to transfer members’ accrued rights and benefits under the scheme.
Commencement Information
I1Reg. 20 in operation at 27.3.2024, see reg. 1