THE SCHEMES;
17.1.2
FULL MEMBERSHIP DETAILS OF THE SCHEMES;
17.1.3
THE ESL PENSION SCHEME STANPLAN A SUMMARY DATED JUNE 2003;
17.1.4
THE STANDARD LIFE TRUSTEE COMPANY LIMITED STANPLAN A - AN OUTLINE OF
YOUR EMPLOYER'S PENSION PLAN;
17.1.5
ESL EMPLOYEE LIST CONTAINED AT TAB 42 OF THE DISCLOSURE DOCUMENTS;
17.1.6
ESL DEFENCE LTD SALARY AND BENEFITS LIST (UNDATED);
17.1.7
ELETTRONICA SYSTEMS LTD SALARY UPDATES (01 MARCH);
17.1.8
DIRECT DEBIT STATEMENT FOR REGULAR CONTRIBUTIONS IN RESPECT OF THE
ESL DEFENCE LTD PENSION SCHEME DATED 1 DECEMBER 2004;
17.1.9
GROUP LIFE INSURANCE POLICY NORWICH UNION BOOKLET;
17.1.10
GROUP LIFE INSURANCE POLICY SCHEDULE; AND
17.1.11
GROUP LIFE INSURANCE SCHEME - PRE-RENEWAL DECLARATION AND ALL
INFORMATION WHICH HAS BEEN MADE AVAILABLE TO THE PURCHASER OR ITS ADVISERS ON OR
BEFORE THE DATE OF THIS AGREEMENT IS TRUE, COMPLETE, ACCURATE AND FAIRLY
PRESENTED.
ESTABLISHMENT
17.2
THE SCHEMES HAVE BEEN ESTABLISHED UNDER IRREVOCABLE TRUSTS AND
COMPLY, AND HAVE AT ALL TIMES COMPLIED WITH, ALL APPLICABLE PRIMARY AND
SECONDARY LEGISLATION RELATIVE TO OCCUPATIONAL PENSION SCHEMES (INCLUDING EC
LAW) AND HAVE BEEN OPERATED IN ACCORDANCE WITH THE REQUIREMENTS OF THE INLAND
REVENUE.
17.3
THE SCHEMES ARE NOT CONTRACTED-OUT OF THE STATE EARNINGS RELATED
PENSION SCHEME.
17.4
THE SCHEMES ARE EXEMPT APPROVED UNDER CHAPTER 1 OF PART XIV OF THE
INCOME AND CORPORATION TAXES ACT 1988 FOR THE PURPOSES OF THE INLAND REVENUE AND
SO FAR AS THE WARRANTOR IS AWARE, THERE IS NO REASON WHY SUCH APPROVAL SHOULD BE
WITHDRAWN.
17.5
NO EVENT OR TRANSACTION HAS TAKEN PLACE IN RELATION TO THE SCHEMES
WHOSE VALIDITY IS DEPENDENT UPON THE APPROVAL OF THE INLAND REVENUE WITHOUT THAT
APPROVAL HAVING BEEN OBTAINED.
FINANCE AND INVESTMENT
17.6
ALL EMPLOYER AND EMPLOYEE CONTRIBUTIONS AND PREMIUMS DUE AS AT THE
DATE OF THIS AGREEMENT TO THE TRUSTEES OF THE SCHEMES AND TO STANDARD LIFE AND
NORWICH UNION IF APPLICABLE HAVE BEEN DULY DEDUCTED AND PAID WITHIN THE
PRESCRIBED PERIOD UNDER THE 1995 ACT AND IN ACCORDANCE WITH THE PAYMENT SCHEDULE
AND THE RECOMMENDATIONS OF THE LATEST ACTUARIAL VALUATION REPORT.
EXERCISE OF DISCRETIONS
17.7
NO UNDERTAKINGS OR ASSURANCES HAVE BEEN GIVEN OR IMPLIED TO THE
MEMBERS AS TO THE INTRODUCTION, CONTINUANCE, INCREASE OR IMPROVEMENT OF ANY
RETIREMENT, DEATH OR DISABILITY BENEFITS (WHETHER OR NOT THERE IS ANY LEGAL
OBLIGATION TO DO SO) OR AS TO THE ENHANCEMENT OF ANY BENEFITS ON THE HAPPENING
OF A GIVEN SET OF CIRCUMSTANCES.
17.8
NO DISCRETION HAS BEEN EXERCISED UNDER THE SCHEMES TO PROVIDE
BENEFITS WHICH WOULD NOT OTHERWISE ALREADY BE PROVIDED FOR UNDER THE SCHEMES AND
NO POWER TO AUGMENT OR PROVIDE NEW BENEFITS HAS BEEN EXERCISED IN RELATION TO
THE MEMBERS OR ANY OF THEM.
17.9
NO DISCRETION HAS BEEN EXERCISED UNDER THE SCHEMES TO ADMIT TO
MEMBERSHIP ANY EMPLOYEE OR DIRECTOR OF ANY GROUP COMPANY WHO WOULD NOT OTHERWISE
HAVE BEEN ELIGIBLE FOR ADMISSION TO MEMBERSHIP.
INSURANCE
17.11
Any benefits payable on the death of a Member whilst in employment
(other than a return of the Members' own contributions and contributions paid in