This is the original version (as it was originally enacted).
(1)A person may wind up a collective money purchase scheme only in accordance with continuity option 1 (see section 87).
(2)Subsection (1) overrides any provision of a collective money purchase scheme to the extent that there is a conflict.
(3)Article 10 of the Pensions (Northern Ireland) Order 1995 (civil penalties) applies to a person who fails to comply with subsection (1).
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