During a triggering event period1 for a master trust scheme2, neither the trustees3 nor a scheme funder4 nor a scheme strategist5 may:
(1) permit a new person6 to become an employer7 in relation to the scheme; or
(2) enter into an agreement under which a new person will become an employer in relation to the scheme after the end of the triggering event period8.
During a triggering event period for a master trust scheme, the trustees must not:
(a) impose any administration charges9 on or in respect of members10 at levels above those set out in the implementation strategy11;
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