10Status of employers

10 Status of employers

10 Status of employers

A transferred employer—

(a) is taken to no longer be an employer of a transferred member for the former scheme, and

(b) is instead taken to be an employer of the transferred member for 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) for the transferred member, and

(ii) in accordance with the trust deed.