SCHEDULES

SCHEDULE 12Minor and consequential amendments

Pension Schemes Act 1993 (c. 48)

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In section 99 (trustees' duties after exercise of option)—

(a)

in subsection (4) after “circumstances,” insert “ by direction ”, and

(b)

in subsection (4A) for “in relation to applications for extensions under subsection (4)” substitute “ requiring applications for extensions under subsection (4) to meet prescribed requirements ”.