1. The effective date of the business plan.E+W+S
Commencement Information
I1Sch. 3 para. 1 in force at 1.10.2018, see reg. 1(2)
2. The period to which the business plan relates, to be no less than three years and no more than five years starting with the effective date (the “plan period”).E+W+S
Commencement Information
I2Sch. 3 para. 2 in force at 1.10.2018, see reg. 1(2)
3. In each case where this Schedule or a Code requires estimates to be provided in connection with the business plan—E+W+S
(a)the assumptions used in reaching those estimates, and
(b)the circumstances in which, and the extent to which, the scheme’s actual costs, income and size may vary from the estimates.
Commencement Information
I3Sch. 3 para. 3 in force at 1.10.2018, see reg. 1(2)
4. The name of the person who prepared the business plan.E+W+S
Commencement Information
I4Sch. 3 para. 4 in force at 1.10.2018, see reg. 1(2)
5. A statement, signed by the trustees, each scheme funder and, if different, the scheme strategist, confirming—E+W+S
(a)that each scheme funder considers (or, in the absence of a scheme funder, the trustees consider) the business plan to give a true and fair representation of the matters to which it relates, and
(b)that the business plan, and any revisions to it, have been approved by the trustees, each scheme funder and, if different, the scheme strategist,
but this paragraph does not apply to scheme funders of schemes to which regulation 27(1) applies.
Commencement Information
I5Sch. 3 para. 5 in force at 1.10.2018, see reg. 1(2)