{
  "url": "https://openlegislation.uk/occupational-pension-schemes-scheme-funding-regulations-2005/schedule-4/paragraph-2",
  "json_url": "https://openlegislation.uk/occupational-pension-schemes-scheme-funding-regulations-2005/schedule-4/paragraph-2.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/4/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "Section 224 of the 2004 Act (actuarial valuations and reports) applies to the scheme as if—\n(a) it included a requirement for the trustees or managers of the scheme—\n(i) to obtain an actuarial valuation (“the first valuation under the 2004 Act”), in accordance with the requirements specified in paragraph 3 of this Schedule, and\n(ii) to ensure that the first valuation under the 2004 Act is received by them within the relevant period specified in paragraph 4 of this Schedule;\n(b) neither paragraph (a) of subsection (1) nor subsection (4) applied in relation to the first valuation under the 2004 Act, and\n(c) paragraph (a) of subsection (3) were omitted.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/3377/schedule/4/paragraph/2",
    "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."
}