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SCHEDULE 4Transitional Provisions

Scheme alterations, overriding provisions and records

8.—(1) Where such a notice as is mentioned in paragraph 3(1) or 5 is given, Articles 68 and 114 and regulations 11 and 22 shall have effect, in relation to the Article 16 scheme and to the employer in relation to that scheme, as if Articles 16 to 21 and the remainder of these Regulations were in operation.

(2) Where such a notice as is mentioned in paragraph 4(1) or 6 is given, regulation 22 has effect in relation—

(a)to the Article 18 company, and

(b)to the person who is the employer in relation to the scheme which is the relevant scheme in relation to the Article 18 company,

as if Articles 16 to 21 and the remainder of these Regulations were in operation.

(3) This paragraph shall be construed before 6th April 1997 as it is construed on and after that date.