# The Pensions Act 2011(Transitional, Consequential and Supplementary Provisions) Regulations 2014, Regulation 42: Scheme accounts


(1) This regulation applies where, before the appointed day—
(a) benefits under an occupational pension scheme included benefits which are not money purchase benefits; and
(b) the trustees or managers of the scheme treated those benefits as if they were money purchase benefits.
(2) Where this regulation applies, no provision of Part 4 of the Act or of these Regulations affects the validity of scheme accounts prepared in relation to any period before the appointed day.

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Source: https://www.legislation.gov.uk/ukdsi/2014/9780111114568/regulation/42 (the official version)
Page: https://openlegislation.uk/draft-pensions-act-2011transitional-consequential-and-supplementary-provisions-regulations-2014/regulation-42
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.