454. Powers of Revenue and Customs to approve arrangements for scheme ceasing to be certified.

The Commissioners for Revenue and Customs1 formerly had power2 to approve any arrangements made or to be made in relation to a scheme which ceased to be a contracted-out scheme3, or for its purposes, for the preservation or transfer:

  1.  

    (1)     of earners'4 accrued rights to guaranteed minimum pensions5 under the scheme or accrued rights to pensions under the scheme attributable to their service on or after the principal appointed day