xmlns:atom="http://www.w3.org/2005/Atom"
10. Section 21 (triggering events) has effect as if—
(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(iii)after “withdrawn” there were inserted “or refused”;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)”.