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6. After regulation 11 there shall be inserted—
11A.—(1) The first requirement specified in this regulation is that—
(a)a person who falls within subsection (5) of section 333A of the Taxes Act is for the time being appointed by the plan manager to be responsible for securing the discharge of the duties prescribed by paragraph (4) which fall to be discharged by the plan manager, and
(b)his identity and the fact of his appointment have been notified to the Board by the plan manager.
(2) The second requirement specified in this regulation is that there are for the time being other arrangements with the Board for a person other than the plan manager to secure the discharge of such duties.
(3) The third requirement specified in this regulation is that there are for the time being other arrangements with the Board designed to secure the discharge of such duties.
(4) The duties prescribed by this paragraph are those that fall to be discharged by a plan manager under these Regulations.
(5) The appointment of a person in pursuance of the first requirement shall be treated as terminated in circumstances where—
(a)the Board have reason to believe that the person concerned—
(i)has failed to secure the discharge of any of the duties prescribed by paragraph (4), or
(ii)does not have adequate resources to discharge those duties; and
(b)the Board have notified the plan manager and that person that they propose to treat his appointment as having terminated with effect from the date specified in the notice.
(6) Where, in accordance with the first requirement, a person is at any time responsible for securing the discharge of duties, the person concerned—
(a)shall be entitled to act on the plan manager’s behalf for any of the purposes of the provisions relating to the duties;
(b)shall secure (where appropriate by acting on the plan manager’s behalf) the plan manager’s compliance with and discharge of the duties;
(c)shall be personally liable in respect of any failure of the plan manager to comply with or discharge any such duty as if the duties imposed on the plan manager were imposed jointly and severally on the plan manager and the person concerned.”
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