(This archived guidance relates to HMRC discretionary
practice before the 6th April 2006. For current guidance on
Registered Pension Schemes see the Registered Pension Schemes
Manual)
Most exempt approved schemes are set up under trust. (See
Section 4 of this Part for exempt approved schemes
not set up under trust). This Section deals with
the setting up of trusts, definitive and interim deeds, the
appointment of trustees and the trustees’ powers of
investment (Part 18 details the documents which must accompany an
application for approval and Part 22, Section 3 with the Office
procedures).
