331. Authorisation criteria: business plan.

A scheme strategist1 of a master trust scheme2 must prepare a business plan for the scheme3.

The Secretary of State4 may make regulations setting out information that must be included in a business plan, and any other requirements with which a business plan must comply5.

The scheme strategist must review the business plan at least once a year, and revise it if appropriate6. The scheme strategist must revise the business plan at any time if there is any significant change to the information included in it