SCHEDULES

SCHEDULE 7Pension schemes

Registration of pension schemes

4

After section 156 insert—

156ACases where application for registration not decided within 6 months

1

This section applies where—

a

an application for a pension scheme to be registered is made, but

b

the scheme administrator is not notified under section 153(6) within the period of 6 months after the day on which the application is made.

2

The scheme administrator may appeal to the tribunal as if, at the end of that period of 6 months, the scheme administrator had been notified under section 153(6) of a decision not to register the scheme; and section 156(5) to (8) applies accordingly.