34 Continuity options

34  Continuity options

(1)     If a triggering event occurs in relation to a collective money purchase scheme, the trustees must pursue one of the continuity options.

(2)     The continuity options are—

(a)     continuity option 1 (discharge of liabilities and winding up) (see section 36);

(b)     continuity option 2 (resolving triggering event) (see section 37);

(c)     continuity

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