The following provisions1 apply where: (1) a notice2 is issued in relation to an eligible scheme3 and becomes binding; and (2) a withdrawal event has not occurred in relation to the scheme in respect of a withdrawal notice4 which has been issued during the period: (a) beginning with the occurrence of the last insolvency event5 in relation to the employer6; and (b) ending immediately before the notice7 becomes binding, and the occurrence of such a withdrawal event in respect of a withdrawal notice issued during that period is not a possibility8.
The Board of the Pension Protection Fund9 must determine
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