(1) Subject to the following subsections, it shall be the duty of trustees of a scheme or trust RAC to ensure that the scheme or trust RAC is registered with the Board.
(2) A scheme shall be registered not later than -
(a) in case the scheme commenced before the commencement of this section, one year after such commencement,
(b) in any other case, one year after the commencement of the scheme.
(2A) A trust RAC shall be registered not later than—
(a) in case the trust RAC commenced before the commencement of Part 1 of Schedule 2 to the Social Welfare and Pensions Act 2007, one year after such commencement,
(b) in any other case, one year after the commencement of the trust RAC.
(3) It shall be the duty of the trustees of a scheme or trust RAC to provide the Board, in such a manner as may be prescribed, with such information as may be prescribed for the purposes of this section.