IFM09610 | Ceasing to be a RIF: the scheme ceases to meet one or more of the conditions in section 20(1) F(No2)A 2024

Whether a scheme ceases to meet the qualifying conditions in section 20(1) is a question of fact. If it does so, it will cease to be a RIF from the beginning of the day on which it ceases to meet one or more of those conditions.