Paragraph 9

In the Occupational Pension Schemes (Modification of Schemes) Regulations 2006^f1—

(a)

in regulation 1(3)^f2 (interpretation), omit the definition of “the Board for Actuarial Standards”; and

(b)

in regulation 5(2)(b)^f3 (calculation of the actuarial value of affected member’s subsisting rights), for “guidance that is” substitute “actuarial standards that are” and for “the Board for Actuarial Standards” substitute “the Financial Reporting Council Limited”.

Annotations

Footnotes

f1: S.I. 2006/759.
f2: The definition of “the Board for Actuarial Standards” was inserted by S.I. 2007/60.
f3: Regulation 5(2)(b) was substituted by S.I. 2007/60.