SCHEDULE 6Continuity Option 1: transfer out and winding up
Regulator’s power to direct
21
1
The Regulator may direct the trustees of a collective money purchase scheme to do anything they are permitted or required to do by this Schedule where continuity option 1 is being pursued.
2
The trustees of a collective money purchase scheme must comply with a direction issued by the Regulator requiring them to do anything permitted or required by this Schedule.