246. Power of trustees to modify schemes by resolution.

246.     Power of trustees to modify schemes by resolution.

The trustees of a trust scheme1 may by resolution modify2 the scheme with a view to achieving any of the following purposes3:

  1.  

    (1)     to extend the class of persons who may receive benefits under the scheme in respect of the death of a member4 of the scheme5;

  2.  

    (2)     to enable the scheme to conform with specified arrangements in respect of member-nominated trustees6;

  3.  

    (3)     to enable the scheme to comply with such terms and conditions as may be imposed by the Board of the Pension Protection Fund7 in relation