(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)
Applications will carry out the initial examination of each
application for participation. If an application is satisfactory
CORA will issue one of two forms:
a. If all the necessary documentation has been submitted with
the application and the scheme is about to be automatically
approved or is already approved, CORA issues a letter stating that
the participation is satisfactory.
b. If the participation is satisfactory but the scheme is not
yet approved and working on interim authorisation, CORA issues a
letter authorising interim participation pending the scheme's
approval.