Pension Schemes Act 2017 (c. 17)

Part 1 E+W+S Master Trusts

Modifications etc. (not altering text)

C1 Pt. 1 excluded (1.10.2018) by The Occupational Pension Schemes (Master Trusts) Regulations2018 (S.I. 2018/1030), regs. 1(2), 27

C2 Pt. 1 excluded (1.10.2018) by The Occupational Pension Schemes (Master Trusts) Regulations2018 (S.I. 2018/1030), regs. 1(2), 26

C3 Pt. 1 modified (1.10.2018) by The Occupational Pension Schemes (Master Trusts) Regulations2018 (S.I. 2018/1030), regs. 1(2), 28(2)

C4 Pt. 1 modified (1.10.2018) by The Occupational Pension Schemes (Master Trusts) Regulations2018 (S.I. 2018/1030), regs. 1(2), 28(3)(4)(a)(b)

C5 Pt. 1: power to disapply conferred (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), ss. 47(3)(b), 131(1)(3)(a); S.I. 2022/721, reg. 3(a)

Triggering events: continuity E+W+S

20 Triggering event: duties of trustees E+W+S

If a triggering event occurs in relation to a Master Trust scheme, the trustees must—

(a) comply with the notification requirements applicable to them (see section 22),

(b) comply with the requirements of section 23 (continuity options), and

(c) comply with the requirements of section 26 (implementation strategy).

Commencement Information

I1 S. 20 in force at Royal Assent for specified purposes, see s. 44(1)(a)(iii)

I2 S. 20 in force at 5.9.2018 for specified purposes by S.I. 2018/965, reg. 2(a)

I3 S. 20 in force at 1.10.2018 in so far as not already in force by S.I. 2018/965, reg. 2(b)