Paragraph 7

where any cash equivalents or guaranteed cash equivalents (within the meaning of Chapter IV F1or Chapter II of Part IVA of Part IV of the 1993 Act) paid during the year were not calculated and verified in the manner prescribed by regulations made under section 97 of the 1993 Act F2or section 101I of the 1993 Act, as the case may be, a statement explaining why;

where any of the cash equivalents or guaranteed cash equivalents paid during the year were less than the amount for which section 94(1) of the 1993 Act provides, a statement to that effect together with information as to—

when full values became, or are likely to become available; and

a statement whether discretionary benefits are included in the calculation of transfer values, and if so, the method by which the value of discretionary benefits is assessed.