(1) Subject to this section, the Revenue Commissioners shall approve any retirement benefits scheme for the purposes of this Chapter if it satisfies all of the prescribed conditions, namely -
(a) the conditions set out in subsection (2), and
(b) the conditions as respects benefits set out in subsection (3).
(2) The conditions referred to in subsection (1)(a) are -
(a) that the scheme is bona fide established for the sole purpose of providing relevant benefits in respect of service as an employee, being benefits payable to, or to the widow, widower, surviving civil partner, children or dependants, or personal representatives, of the employee, or children of the surviving civil partner of the employee;
(b) that the scheme is recognised by the employer and employees to whom it relates, and that every employee who is or has a right to be a member of the scheme has been given written particulars of all essential features of the scheme which concern the employee;
(c) that in relation to the
…