This section has no associated Explanatory Memorandum
23. Trustees must in each scheme year, including the first scheme year in respect of which the requirements of this Part apply and, where applicable, in a first scheme year of re-application—E+W+S
(a)measure, as far as they are able, the performance of the scheme against the target they have set in accordance with paragraph 22 or 24; and
(b)taking into account that performance, determine whether the target should be retained or replaced.
Commencement Information
I1Sch. para. 23 in force at 1.10.2021, see reg. 1(1)