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1997 No. 116 RETIREMENT SAVINGS ACCOUNTS REGULATIONS - REG 2.38
Time for compliance
2.38. (1) The RSA provider must give information under this Division to a
person as soon as practicable after the RSA provider becomes
aware that that or another person ("the former RSA holder") has ceased to be
the holder of an RSA, and in particular the RSA provider must make reasonable
efforts to give the information within 1 month after becoming aware that
the former RSA holder has ceased to be the holder of the RSA.
(2) The RSA provider must make all reasonable efforts to give information that
a continuation option for insurance cover is available, in good time before
the option lapses.
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