[231A Requirements for winding up procedure]
Pensions Act 2004 (2004 c 35) | Legislation

[231A  Requirements for winding up procedure]

[(1)     Where an occupational pension scheme in respect of which a recovery plan has been prepared under section 226 begins to wind up during the recovery period, the trustees or managers of the scheme must as soon as reasonably practicable prepare a winding up procedure.

(2)     A winding up procedure must—

(a)     set out the action to be taken to establish the liabilities to or in respect of the members of the scheme, in respect of pensions or other benefits, and to recover any assets

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