Discretionary requirementsN.I.
21 Power for Board to impose conditions as to investments and resources.N.I.
(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
[(2)A [scheme that was 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 [Inland 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 [Inland Revenue].]
(3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .