{
  "url": "https://openlegislation.uk/occupational-pension-schemes-employer-debt-regulations-2005/schedule-1C/paragraph-3",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-employer-debt-regulations-2005/schedule-1C/paragraph-3.json",
  "legislation": "uksi/2005/678",
  "legislation_title": "The Occupational Pension Schemes (Employer Debt) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/occupational-pension-schemes-employer-debt-regulations-2005",
  "path": "schedule/1C/paragraph/3",
  "kind": "paragraph",
  "number": null,
  "heading": "3 Valuation principles",
  "text": "The scheme’s assets and liabilities are valued in accordance with—\n(a) section 75(5) of the Pensions Act 1995, and\n(b) regulations 5, 6[, 6C(3) and 7(5)] [delete as appropriate] of the Employer Debt Regulations.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 1B-1D substituted for Sch. 1B (6.4.2008) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2008 (S.I. 2008/731), regs. 2(1), 15, Sch. 3 (with reg. 2(3)-(8))"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Sch. 1C para. 3 substituted (6.4.2010) by The Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2010 (S.I. 2010/725), regs. 1(2), 18(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/678/schedule/1C/paragraph/3",
    "retrieved_at": "2026-10-29T05:04:11.283026+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}