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- The date the trustees or employer bring the opt-out to an end .
Member-nominated trustees and member-nominated directors
Member-nominated trustees and member-nominated directors
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The date the trustees or employer bring the opt-out to an end
For an opt-out to have been put in place, it had to be approved by the members. The date the opt-out ends is the date that the members’ approval for an opt-out ceases.However, the employer or the trustees may bring the opt-out to an end before approval ceases and this may be appropriate in some circumstances. Bringing an opt-out to an end early tells you more.
If the opt-out is ended early, the date the opt-out ends is:
- the date the employer notifies the trustees that they wish to bring the opt-out to an end early; or
- 6 months after the date the trustees notify the employer that they wish to bring the opt-out to an end early.
This will be the commencement date the MNT and MND requirements start to apply if it is before 31 October 2007.
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| Related documents |
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| MNT/MND code of practice (PDF) |