{
  "url": "https://openlegislation.uk/pension-protection-fund-closed-schemes-regulations-2007/regulation-7",
  "json_url": "https://openlegislation.uk/pension-protection-fund-closed-schemes-regulations-2007/regulation-7.json",
  "legislation": "uksi/2007/865",
  "legislation_title": "The Pension Protection Fund (Closed Schemes) Regulations 2007",
  "legislation_url": "https://openlegislation.uk/pension-protection-fund-closed-schemes-regulations-2007",
  "path": "regulation/7",
  "kind": "regulation",
  "number": "7",
  "heading": "Transitional provision for schemes with an assessment date before 1st April 2007",
  "text": "(1) In this regulation, “assessment date” means the date on which the assessment period in relation to a scheme or closed scheme, or (where there has been more than one such assessment period) the last one, began.\n(2) In the case of a scheme or closed scheme with an assessment date before 1st April 2007, these Regulations shall have effect until 31st December 2007 as if there were substituted for the definition of “relevant accounts” in paragraph 1 of the Schedule the following—\n““relevant accounts” means—\n(a)audited accounts for the scheme which are prepared in respect of a period ending with the effective date;\n(b)if none are so prepared, the latest such accounts which are available at the effective date; or\n(c)if the appropriate person's opinion is that it is practicable to use them, the latest such accounts which are available on the date the appropriate person signs the section 156 valuation;”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2007/865/regulation/7",
    "retrieved_at": "2026-10-29T03:57:17.536758+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."
}