260. Notice of discharge.

Where the trustees or managers1 of a scheme propose to discharge a liability of the scheme to or in respect of a member they must give him, or, if he has died, each beneficiary who is entitled to benefits in respect of him, notice in writing of that fact2. A discharge notice must specify the sum which is available to be used to discharge the liability of the scheme to the member or, as the case may be, the beneficiary in respect of his rights under the scheme and, if the full amount of that liability3 is greater than