21 Triggering events
Pension Schemes Act 2017 (2017 c 17) | Legislation

21  Triggering events

(1)     A triggering event occurs in relation to a Master Trust scheme if—

(a)     an event within the second column of the table in subsection (6) occurs in relation to it, and

(b)     the event does not occur within an existing triggering event period for the scheme (subject to subsection (2)).

(2)     An event within item 1, 2 or 3 of the table (notice of decision to withdraw authorisation; notification that scheme is not authorised) is a triggering event even if it occurs within an existing triggering event period.

(3)     A triggering event occurs on the date specified in relation to the event in the third column of the table.

(4)     A “triggering event period” for a Master Trust scheme is a period—

(a)     starting with the date on which a triggering event occurs in relation to the scheme, and

(b)     ending with the earliest of the dates given by subsection (5).

(5)

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