- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
16.1 The Sponsoring Section Employer shall have power with the consent of the Trustees to admit to participation in the NATS Section any Subsidiary Company or Associated Company or Non-Associated Company which the Sponsoring Section Employer and the Trustees shall agree (the New Employer) provided that:
(a)as a condition of admission the New Employer shall execute a deed by which it covenants with the Trustees and the Sponsoring Section Employer to comply with and to observe the provisions of the Trust Deed and the NATS Rules insofar as they apply to Employers in the NATS Section other than the Sponsoring Section Employer, and
(b)the approval of the Scheme as an exempt approved scheme for the purposes of Chapter I or Part XIV of the Taxes Act would not thereby be prejudiced.
16.2 The Sponsoring Section Employer shall have power with the consent of the Trustees to remove from participation in the NATS Section any Employer subject to giving six months' previous notice in writing to the Trustees (or such shorter period of notice as shall be acceptable to the Trustees).
The Whole Instrument you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Instrument you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Schedule you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Schedule you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Instrument you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: