This legislation has been repealed.
91—Effect of declaration of invalidity
If a part of a plan is found to be invalid—
(a) the
balance of the plan may nevertheless continue to have full force and effect;
and
(b) if
the part that is found to be invalid arises from, or is attributable to, an
amendment (or purported amendment) to the plan then the amendment (or
purported amendment) will, to the extent of the invalidity, be disregarded and
the plan will, to that extent, revert to the position that applied immediately
before it was sought to give the amendment (or purported amendment) effect.
Chapter 5—Financial provisions