{
  "url": "https://openlegislation.uk/occupational-pension-schemes-scheme-funding-regulations-2005/schedule-3/paragraph-9",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-scheme-funding-regulations-2005/schedule-3/paragraph-9.json",
  "legislation": "uksi/2005/3377",
  "legislation_title": "The Occupational Pension Schemes (Scheme Funding) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/occupational-pension-schemes-scheme-funding-regulations-2005",
  "path": "schedule/3/paragraph/9",
  "kind": "paragraph",
  "number": "9",
  "heading": null,
  "text": "(1) The Pension Sharing (Valuation) Regulations 2000 are amended as follows.\n(2) In regulation 1(2) (interpretation), after the definition of “the 1999 Act” insert—\n““the 2004 Act” means the Pensions Act 2004;”.\n(3) In regulation 4 (calculation and verification of cash equivalents)—\n(a) insert the word “ and ” at the end of paragraph (3)(b)(i);\n(b) omit the word “and” at the end of paragraph (3)(b)(ii), and\n(c) omit paragraphs (3)(b)(iii) and (4).\n(4) In regulation 5 (further provisions as to calculation of cash equivalents)—\n(a) in paragraph (3), for “section 56 of the 1995 Act” substitute “ Part 3 of the 2004 Act ”;\n(b) in paragraph (3B), omit “then, subject to paragraph (3D)”;\n(c) omit paragraphs (3D) to (3I), (3K) and (3L);\n(d) in paragraph (4)—\n(i) for “Schedule 5 to the Occupational Pension Schemes (Minimum Funding Requirement and Actuarial Valuations) Regulations 1996” substitute “ Schedule 2 to the Occupational Pension Schemes (Scheme Funding) Regulations 2005 ”;\n(ii) for “section 56 of the 1995 Act” substitute “ Part 3 of the 2004 Act ”, and\n(iii) for “paragraphs (3), (3A) and (3G)” substitute “ paragraphs (3) and (3A) ”, and\n(e) in paragraph (5), for “paragraphs (3) and (3F)” substitute “ paragraph (3) ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "S.I. 2000/1052; relevant amending instruments are S.I. 2000/2691 and 2005/706."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/3377/schedule/3/paragraph/9",
    "retrieved_at": "2026-10-29T04:41:13.678024+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."
}