(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)
In Scottish cases, the board resolution procedure should be
supplemented by a declaration by the company and the trustees
endorsed on a copy of the rules. This declaration should identify
the rules as those regulating the scheme, the company must
undertake to perform its obligations and make the required
contributions, and the trustees must accept office. Any newly
appointed trustee must sign a similar statement of acceptance of
trust (see
PSI1.3.39).
