Part III Certification of Pension Schemes and Effects on Members’ State Scheme Rights and Duties
Chapter I Certification
Discretionary requirements
25 Power for Board to impose conditions as to investments and resources.
F1(1)
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F2(2)
A salary related contracted-out scheme must, in relation to any earner’s service before the principal appointed day, comply with any requirements prescribed for the purpose of securing that—
(a)
the F3Inland Revenue are kept informed about any matters affecting the security of the minimum pensions guaranteed under the scheme, and
(b)
the resources of the scheme are brought to and are maintained at a level satisfactory to the F4Inland Revenue
F5(3)
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