sec.28Scheme manager must notify holder of indicative risk category allocation and indicative review day

sec.28 Scheme manager must notify holder of indicative risk category allocation and indicative review day

The scheme manager must, before deciding the initial risk category allocation and the annual review allocation day, give the holder a notice (a notice of indicative decision ) stating— the risk category to which the scheme manager intends to allocate the authority (the indicative risk category allocation ); and the reasons for the indicative risk category allocation; and if section 27 (5) applies—the relevant holder of the authority under section 27 (5) (c) ; and the annual review allocation day the scheme manager intends to decide for the authority (the indicative review day ); and whether a contribution to the scheme fund, or a surety, is required under the indicative risk category allocation; and that the holder may, within 20 business days after the notice of indicative decision is given— make submissions to the scheme manager about a matter mentioned in paragraph (a) , (b) , (c) , (d) or (e) ; or give the scheme manager notice that the holder accepts the indicative risk category allocation. The scheme manager may extend the period mentioned in subsection (1) (f) by notice given to the holder. s 28 amd 2024 No. 33 s 97 (sec.28-ssec.1) The scheme manager must, before deciding the initial risk category allocation and the annual review allocation day, give the holder a notice (a notice of indicative decision ) stating— the risk category to which the scheme manager intends to allocate the authority (the indicative risk category allocation ); and the reasons for the indicative risk category allocation; and if section 27 (5) applies—the relevant holder of the authority under section 27 (5) (c) ; and the annual review allocation day the scheme manager intends to decide for the authority (the indicative review day ); and whether a contribution to the scheme fund, or a surety, is required under the indicative risk category allocation; and that the holder may, within 20 business days after the notice of indicative decision is given— make submissions to the scheme manager about a matter mentioned in paragraph (a) , (b) , (c) , (d) or (e) ; or give the scheme manager notice that the holder accepts the indicative risk category allocation. (sec.28-ssec.2) The scheme manager may extend the period mentioned in subsection (1) (f) by notice given to the holder.

• (a) the risk category to which the scheme manager intends to allocate the authority (the indicative risk category allocation ); and
• (b) the reasons for the indicative risk category allocation; and
• (c) if section 27 (5) applies—the relevant holder of the authority under section 27 (5) (c) ; and
• (d) the annual review allocation day the scheme manager intends to decide for the authority (the indicative review day ); and
• (e) whether a contribution to the scheme fund, or a surety, is required under the indicative risk category allocation; and