SCHEDULE 7Mandatory terms for LPS schemes
Termination by agreement27
The NHSCB and the LPS contractor may agree in writing to terminate the LPS scheme (or end the LPS contractor’s participation in it, in the case of more than one LPS contractor being party to the scheme), and if the parties so agree, they must agree the date upon which that termination should take effect and any further terms upon which the scheme should be terminated.