SCHEDULES

SCHEDULE 2Master Trusts operating before commencement: transitional provision

Modifications having effect from the commencement date

I1I211

Section 23 (continuity options) has effect as if—

a

in subsection (2)(a)—

i

after “2” there were inserted “ or 2A ”;

ii

after “withdraw” there were inserted “ or refuse ”;

b

in subsection (3)(a), after “2” there were inserted “ , 2A ”.