Paragraph 2

In the Occupational Pension Schemes (Contracting-out) Regulations 1996^f1—

(a)

in regulation 1(2)^f2 (interpretation), omit the definition of “the Board for Actuarial Standards”; and

(b)

in regulation 23(a)^f3 (requirements for meeting the statutory standard), for “the Board for Actuarial Standards” substitute “the Financial Reporting Council Limited”.

Annotations

Footnotes

f1: S.I. 1996/1172.
f2: The definition of “the Board for Actuarial Standards” was inserted by S.I. 2007/60.
f3: Regulation 23(a) was substituted by S.I. 2011/1294.