If the sums or assets in respect of at least one member of the pension scheme meet Condition A or Condition B in paragraph 11 of schedule 28 Finance Act 2004 for the first time during the reporting year

Further information on Condition A and Condition B in paragraph 11 of schedule 28 FA 2004 can be found in the Registered Pension Schemes Manual at RPSM 12301170. The manual can be accessed from the left-hand navigation bar.