(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)
If the particulars on the application form are satisfactory
and all necessary accompanying documentation is in place, CORA will
automatically approve the scheme and generate an appropriate
letter. This will apply to insured schemes only. The Applications
Assistant should tick the box on the application form marked APP.
CORA will generate the location code "CORA." The papers are then
filed away within Applications for a two year period (for audit
purposes) before being destroyed.
