Commentary on Sections Overview Part 9: Trustees Paragraph 74: Duty to make payments to participants
3169.This paragraph provides that the trust instrument must require the trustees to make payments to participants in various specified circumstances.
3170.The paragraph is the third of three that derive from paragraph 71 of Schedule 8. This paragraph derives from paragraph 71(4).
3171.Sub-paragraph (1) reorganises the material in the first sentence of paragraph 71(4). In sub-paragraph (2)(c), the expression “PAYE obligations” is defined in paragraph 99(1) of this Schedule.