148 Withdrawal following issue of section 122(4) notice

148  Withdrawal following issue of section 122(4) notice

(1)     This section applies where—

(a)     a notice under section 122(4) (inability to confirm status of scheme) is issued in relation to an eligible scheme and becomes binding, and

(b)     a withdrawal event has not occurred in relation to the scheme in respect of a withdrawal notice which has been issued during the period—

(i)     beginning with the occurrence of the last insolvency event in relation to the employer, and

(ii)     ending immediately before the notice under section 122(4) becomes binding,

and the occurrence of such a withdrawal event in respect of a withdrawal notice issued during that period

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