{
  "url": "https://openlegislation.uk/pension-protection-fund-valuation-regulations-2005/regulation-5",
  "json_url": "https://openlegislation.uk/pension-protection-fund-valuation-regulations-2005/regulation-5.json",
  "legislation": "uksi/2005/672",
  "legislation_title": "The Pension Protection Fund (Valuation) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/pension-protection-fund-valuation-regulations-2005",
  "path": "regulation/5",
  "kind": "regulation",
  "number": "5",
  "heading": "Valuation of assets",
  "text": "Subject to regulations 3 and 7, in determining the value of the assets of a scheme for the purposes of obtaining a section 143 valuation or a section 179 valuation, the appropriate person shall adopt the value given of the assets of the scheme stated in the relevant accounts... and that value shall be taken to be the value of those assets at the relevant time.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in reg. 5 omitted (1.4.2006) by virtue of The Pension Protection Fund (General and Miscellaneous Amendments) Regulations 2006 (S.I. 2006/580), regs. 1(1)(a), 23"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/672/regulation/5",
    "retrieved_at": "2026-10-29T05:04:15.629036+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."
}