[F120EProcedural requirementsN.I.
(1)This section specifies the procedural requirements that must be complied with in order to satisfy Condition 5 of section 20B.
(2)The employer in relation to the scheme must consent to the GMP conversion in advance.
(3)The trustees must take all reasonable steps to—
(a)consult the earner in advance, and
(b)notify all members, and survivors, affected by the GMP conversion before, or as soon as is reasonably practicable after, the conversion date.
(4)The Commissioners for Her Majesty's Revenue and Customs must be notified on or before the conversion date—
(a)that the GMP conversion will occur or has occurred, and
(b)that it affects the earner.]
Textual Amendments
F1Ss. 20A-20H inserted (3.3.2009 for specified purposes, 6.4.2009 in so far as not already in force) by Pensions Act (Northern Ireland) 2008 (c. 1), ss. 12(3), 21(1); S.R. 2009/75, art. 2(a)(b)