10. Section 21 (triggering events) has effect as if—N.I.
(a)in subsection (2)—
(i)after “2” there were inserted “, 2A”;
(ii)after “withdraw” there were inserted “or refuse”;
(b)in subsection (5)(c)—
(i)after “2” there were inserted “or 2A”;
(ii)after “withdraw” there were inserted “or refuse”;
(iii)after “withdrawn” there were inserted “or refused”;
(c)in the table in subsection (6), after the row for item 2 there were inserted—
“2A. The Regulator notifies the trustees of an existing Master Trust scheme of the Regulator’s decision to refuse to grant the scheme authorisation. | The date on which the notification is given.” |
(d)in that table, in the triggering event described in item 3, for “3(3)” there were substituted “3(4)”.
Commencement Information
I1Sch. 2 para. 10 not in operation at Royal Assent, see s. 44(2)
I2Sch. 2 para. 10 in operation at 16.3.2022 for specified purposes by S.R. 2022/110, art. 2(a)
I3Sch. 2 para. 10 in operation at 6.4.2022 in so far as not already in operation by S.R. 2022/110, art. 2(b)