The following Pensions precedent produced in partnership with Paul Hodges of Clyde & Co provides comprehensive and up to date legal information covering:
This Deed is made the [insert day] day of [insert month] 20[insert year]
[●] a limited company incorporated and existing under the laws of England and Wales (registered in England and Wales No. [●]) whose registered office is at [●] (Deferred Employer); and
[●] a limited company incorporated and existing under the laws of England and Wales (registered in England and Wales No. [●]) whose registered office is at [●] (Trustees).
[●] (Scheme) was established by a[n] [interim OR definitive] trust deed dated [●].
The Scheme is currently governed by a trust deed dated [●], as amended by the deeds executed after it[, details of which are set out in the Schedule to this Deed] (Trust Deed). The rules of the Scheme (Rules) are set out in Schedule [●] to the Trust Deed.
The Trustees are the present trustees of the Scheme.
The Deferred Employer is a participating employer in the Scheme.
[Set out brief background as to the circumstances in which the Deferred Employer no longer employs any active members of the scheme or has entered a period of grace]. As a result, the Deferred Employer has ceased to employ any active members of the Scheme which [would trigger OR would have triggered] an ‘employment-cessation event’ (as defined in Regulation 6ZA of the Occupational Pension Schemes (Employer Debt)
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