Part 1: Collective Money Purchase Benefits Triggering events and continuity options Section 40: Approval of implementation strategy
Under subsection (1) of this section the Pensions Regulator may approve the implementation strategy only if it is satisfied that it is adequate.
	The implementation strategy must include a section setting out the levels of administration charges that apply in relation to members of the qualifying scheme (subsections (3 and 4)). This relates to the prohibition on increasing levels of charges during a triggering event period at section 45.
	Subsection (5) provides that the implementation strategy must set out the continuity option that is being pursued as well as other information specified relating to the continuity option being pursued.
	The implementation strategy must, further, include other information specified in regulations and be prepared in accordance with regulations (subsection (6)).