PART IIOccupational Pensions
Modification of schemes
F1The reporting requirement67F
1
For the purposes of Article 67(2)(c), the reporting requirement is satisfied in relation to the exercise of a power to which the subsisting rights provisions apply to make a regulated modification if the trustees have, in accordance with paragraph (2)—
a
notified each affected member in whose case the consent requirements apply in respect of the modification, and
b
taken all reasonable steps to notify each affected member in whose case the actuarial equivalence requirements apply in respect of the modification,
that they have made a determination, or given their consent, for the purposes of Article 67E(1) in relation to the exercise of the power to make the modification.
2
The trustees must give (or, where the actuarial equivalence requirements apply, take all reasonable steps to give) the notification—
a
within a reasonable period beginning with the date of the determination or giving of consent mentioned in paragraph (1), and
b
before the date on which the modification takes effect.