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