SCHEDULES

SCHEDULE 2Master Trusts operating before commencement: transitional provision

Modifications having effect from the commencement date

I1I212

Section 26 (approval of implementation strategy) has effect as if—

a

in subsection (2)—

i

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

ii

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

b

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