(1) If the requirements of paragraph (2) are met, the financial promotion restriction does not apply to any communication which is made to an employee by or on behalf of a person ("A") in relation to a group personal pension scheme or a stakeholder pension scheme.
(2) The requirements of this paragraph are that -
(a) the employer and A have entered into a written contract specifying the terms on which the communication may be made;
(b) in the case of a communication made by a person ("B") on behalf of A, A and B have also entered into a written contract specifying the terms on which the communication may be made;
(c) the employer has not received, and will not receive, any direct financial benefit as a result of the communication being made;
(d) the employer will make a contribution to the scheme in the event of the employee becoming a member of the scheme and the communication contains a statement informing the employee of this;
(e) in the case of a non-real time communication, the co
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