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- Determining the commencement date for the MNT and MND requirements .
Member-nominated trustees and member-nominated directors
Member-nominated trustees and member-nominated directors
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Determining the commencement date for the MNT and MND requirements
Use this flowchart to determine the commencement date for the MNT and MND requirements for your scheme.You will need to:
- establish the date the scheme was established;
- establish whether the scheme had an opt-out in place on 5 April 2006;
- establish the date the members' approval for any opt-out in place on 5 April 2006 ends;
- consider whether you or the employer wish to bring the opt-out to an end early in certain circumstances.
From the commencement date, trustees must put their arrangements in place within a reasonable period, if not exempt. See putting arrangements in place for more information on considering designing and building arrangements.
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| Related documents |
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| MNT/MND code of practice (PDF) |