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2.—(1) An application to the Board for the purposes of Article 137(2) (closed schemes) shall be in writing and shall contain the following information—
(a)a description of the type or purpose of the application;
(b)the date on which the application is made;
(c)where the application is made in respect of a scheme, the name, address and pension scheme registration number of that scheme;
(d)where the application is made in respect of a section of a segregated scheme—
(i)the name, address and pension scheme registration number of that scheme, and
(ii)the name of the section;
(e)a description by the trustees or managers of the scheme of the steps they have taken to obtain a full buy-out quotation in respect of that scheme, and—
(i)the names and addresses of any persons they have approached for that purpose, and
(ii)the date on which any such approach was made, and
(f)where the Board does not already have the information, the name and address of each of the trustees or managers of that scheme.
(2) An application to the Board for the purposes of Article 137 shall be accompanied by evidence in the following form—
(a)a copy of any request made by the trustees or managers of the scheme in respect of which the application is made for a full buy-out quotation in respect of that scheme, and
(b)a copy of any refusal given to those trustees or managers in response to such a request.
(3) A determination notice issued by the Board under Article 137(6) shall be in writing and shall contain the following information—
(a)the name or type of notice issued;
(b)the date on which the notice is issued;
(c)where the notice is issued in respect of a scheme, the name, address and pension scheme registration number of that scheme;
(d)where the notice is issued in respect of a section of a segregated scheme—
(i)the name, address and pension scheme registration number of that scheme, and
(ii)the name of the section;
(e)the Board’s determination to authorise or not to authorise the scheme to continue as a closed scheme, and
(f)where the Board has authorised the scheme to continue as a closed scheme, an explanation of the provisions of—
(i)Article 139 (treatment of closed schemes) in so far as they will operate while the scheme is a closed scheme;
(ii)Article 140 (valuations of closed schemes) in so far as they will operate while that scheme is a closed scheme, and
(iii)Article 141 (applications and notifications where closed schemes have insufficient assets) in so far as they will operate if at any time the trustees or managers of that scheme while it is a closed scheme become aware that the value of the assets of the scheme is less than the amount of the protected liabilities in relation to the scheme.
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