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Paragraph 18 F1

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

An explanation of any change in the funding position of the scheme—

(a)

in the case of the first summary funding statement issued in respect of the scheme, since the last actuarial valuation in respect of the scheme under regulation 30 of the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations 1996 (ongoing actuarial valuations), or, if no such valuation was obtained, since the last actuarial valuation under the rules of the scheme, and

(b)

in the case of any subsequent summary funding statement, since the date of the last summary funding statement.

Annotations

Textual amendments

F1

Sch. 2 paras. 17-22 added (30.12.2005) by The Occupational Pension Schemes (Scheme Funding) Regulations 2005 (S.I. 2005/3377), regs. 1, 20(1), Sch. 3 paras. 2(7) (with Sch. 3 para. 3)

Notes on Schedule 2

Modifications

C1

Sch. 2 applied (with application in accordance with art. 1(2) of the commencing S.I., 1.12.2000) by The Divorce etc. (Pensions) Regulations 2000 (S.I. 2000/1123), art. 3(1)(b)(2)(b)reg. 1(1)