PSI22.5.49 - Operational Procedures: Approval Procedures - Centralised Schemes - Associated Employers


(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.