sec.39Scheme manager must notify holder of indicative annual review allocation

sec.39 Scheme manager must notify holder of indicative annual review allocation

The scheme manager must, before deciding the annual review allocation, give the holder a notice (the notice of indicative decision ) stating— the risk category to which the scheme manager intends to allocate the authority (the indicative annual review allocation ); and the reasons for the indicative annual review allocation; and if section 38 (8) applies—the relevant holder of the authority under section 38 (8) (c) ; and whether a contribution to the scheme fund, or a surety, is required under the indicative annual review 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) or (d) ; or give the scheme manager notice that the holder accepts the indicative annual review allocation. The scheme manager may extend the period mentioned in subsection (1) (e) by notice given to the holder. s 39 amd 2024 No. 33 s 183 s ch 1 pt 2 (sec.39-ssec.1) The scheme manager must, before deciding the annual review allocation, give the holder a notice (the notice of indicative decision ) stating— the risk category to which the scheme manager intends to allocate the authority (the indicative annual review allocation ); and the reasons for the indicative annual review allocation; and if section 38 (8) applies—the relevant holder of the authority under section 38 (8) (c) ; and whether a contribution to the scheme fund, or a surety, is required under the indicative annual review 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) or (d) ; or give the scheme manager notice that the holder accepts the indicative annual review allocation. (sec.39-ssec.2) The scheme manager may extend the period mentioned in subsection (1) (e) by notice given to the holder.

• (a) the risk category to which the scheme manager intends to allocate the authority (the indicative annual review allocation ); and
• (b) the reasons for the indicative annual review allocation; and
• (c) if section 38 (8) applies—the relevant holder of the authority under section 38 (8) (c) ; and
• (d) whether a contribution to the scheme fund, or a surety, is required under the indicative annual review allocation; and
• (e) that the holder may, within 20 business days after the notice of indicative decision is given— (i) make submissions to the scheme manager about a matter mentioned in paragraph (a) , (b) , (c) or (d) ; or (ii) give the scheme manager notice that the holder accepts the indicative annual review allocation.
• (i) make submissions to the scheme manager about a matter mentioned in paragraph (a) , (b) , (c) or (d) ; or