341. Triggering events in relation to master trust scheme

If a triggering event occurs in relation to a master trust scheme1, the trustees2 must comply with requirements relating to notification3, continuity options4 and the submission of an implementation strategy5.

A triggering event occurs in relation to a master trust scheme if any of the following events occurs in relation to it, and the event does not occur within an existing triggering event period6 for the scheme7. A triggering event occurs on the date specified in relation to the event8. A triggering event occurs:

  1.  

    (1)     on the date on which the notice is issued, if the Pensions Regulator9 issues a