Part 1: Collective Money Purchase Benefits Ongoing supervision Section 30: Withdrawal of authorisation
This section provides that where the Pensions Regulator is no longer satisfied that an authorised collective money purchase scheme meets the authorisation criteria it may decide to withdraw the scheme's authorisation.
	Subsection (2) provides that when the Regulator either issues a warning notice under its standard procedure or a determination notice under its special procedure in relation to a decision to withdraw authorisation, the notice must explain that the issue of the notice is a triggering event together with an explanation of the trustees' duties under sections 31 to 45.
	Subsection (3) sets out that where a collective money purchase scheme’s authorisation is withdrawn the Regulator must notify the trustees of this and remove the scheme from its list of authorised collective money purchase schemes.