SCHEDULEINFORMATION TO BE INCLUDED IN NOTICE

6

The part—

a

of any payment or payments that are made to the scheme by or on behalf of a member;

b

of any income arising from the investment of payments such as are mentioned in sub-paragraph (a) of this paragraph; or

c

of the value of rights under the scheme,

that may be used (otherwise than as an unidentifiable element in the calculation of interest on invested contributions)—

i

to defray the administrative expenses of the scheme;

ii

to pay commission; or

iii

in any other way which does not result in the provision of benefits for or in respect of members.