381. Circumstances in which the preservation requirements apply.

9.     Early Leavers, Preservation and Transfers

(1)     Preservation of Benefit under Occupational Schemes

381.     Circumstances in which the preservation requirements apply.

Provision has been made for the preservation of benefit under occupational pension schemes1 whose resources2 are derived in whole or in part from:

  1.  

    (1)     payments made or to be made by one or more employers3 of earners to whom the scheme4 applies, being payments either:

    1.  

      (a)     under an actual or contingent legal obligation; or

    2.  

      (b)     in the exercise of a power conferred, or the discharge of a duty imposed, on a minister of the