{
  "url": "https://openlegislation.uk/draft-occupational-pension-schemes-collective-money-purchase-schemes-amendment-regulations-2023/regulation-4",
  "json_url": "https://openlegislation.uk/draft-occupational-pension-schemes-collective-money-purchase-schemes-amendment-regulations-2023/regulation-4.json",
  "legislation": "ukdsi/2023/9780348255232",
  "legislation_title": "The Occupational Pension Schemes (Collective Money Purchase Schemes) (Amendment) Regulations 2023",
  "legislation_url": "https://openlegislation.uk/draft-occupational-pension-schemes-collective-money-purchase-schemes-amendment-regulations-2023",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Amendment of regulation 19",
  "text": "(1) Regulation 19 (actuarial valuations) is amended as follows.\n(2) In paragraph (4)(k), after sub-paragraph (iv) insert—\n“(v) any variation to the multi-annual reduction as a result of applying an increase to offset the planned reduction under the multi-annual reduction in accordance with regulation 17(10), including the effect of that offsetting increase on the planned reduction in the remaining years of the multi-annual reduction;”.\n(3) After paragraph (4)(k) insert—\n“(ka) where a multi-annual reduction would have been in effect as at the effective date but has ceased to have effect in accordance with regulation 17(10C), the details of—\n(i) when such multi-annual reduction ceased to have effect;\n(ii) any remaining increase that has been applied in accordance with regulation 17(10C);”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2023/9780348255232/regulation/4",
    "retrieved_at": "2026-10-30T14:42:00.177435+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}