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9. An admission agreement must include—
(a)provision for the agreement to terminate if the admission body ceases to be such a body;
(b)a requirement that the admission body notify the administering authority of any matter which may affect its participation in the Scheme;
(c)a requirement that the admission body notify the administering authority of any actual or proposed change in its status, including a take-over, reconstruction or amalgamation, insolvency, winding up, receivership or liquidation and a material change to the body’s business or constitution;
(d)a right for the administering authority to terminate the agreement in the event of—
(i)the insolvency, winding up or liquidation of the admission body;
(ii)a material breach by the admission body of any of its obligations under the admission agreement or these Regulations which has not been remedied within a reasonable time;
(iii)a failure by the admission body to pay any sums due to the fund within a reasonable period after receipt of a notice from the administering authority requiring it to do so.
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