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Common use of The Scheme Clause in Contracts

The Scheme. 5.1 Royal London confirms that it is an authorised person to the extent that the operation of the Scheme is a regulated activity for the purposes of the Financial Services and Markets Act 2000. 5.2 In relation to each Jobholder, you: 5.2.1 shall pay a contribution to Royal London sufficient to satisfy the second condition of Section 26 of the Pensions Act; and 5.2.2 warrant that there are direct payment arrangements (within the meaning of section 111A of the Pension Schemes Act 1993) between you and any Eligible Jobholder.

Appears in 5 contracts

Samples: Automatic Enrolment Agreement, Automatic Enrolment Agreement, Automatic Enrolment Agreement

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