Status of employers

Current

A transferred employer—

(a)

is taken to no longer be an employer in respect of a transferred member for the purposes of the former scheme, and

(b)

is instead taken to be an employer in respect of the transferred member for the purposes of the successor fund, and

(c)

is bound by the terms of the trust deed establishing the successor fund, and

(d)

must make payments and contributions to the successor fund—

(i)

in respect of the transferred member, and

(ii)

in accordance with the trust deed.

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