Schedule 11: Central counterparties Part 5 – Special resolution action Pensions
Paragraph 103 provides that a share transfer or property transfer instrument may make provision about the consequences of a transfer for a pension scheme, and make provision about the property rights and liabilities of any pension scheme of the CCP. A provision in reliance of this section must have the consent of HM Treasury.
	An instrument may modify or apportion rights or liabilities, and property of, or accrued rights in one pension scheme to another. It may also amend the terms of a pension scheme.