531. Relationship with employer debt.

531.     Relationship with employer debt.

The following provisions1 apply where a contribution notice is issued to a person ('P')2 and condition A or B is met3.

Condition A is met if, at the time at which the contribution notice is issued, there is a debt due from the employer4 to the trustees or managers of the scheme relating to a deficiency in the scheme assets5.

Condition B is met if, after the contribution notice is issued but before the whole of the debt due by virtue of the notice is recovered, a debt becomes due from the employer to