Regulation 9 Form and content of Article 127 valuation and noticeI1
Northern Ireland
An Article 127 valuation shall be in writing, and shall contain the following information –
a statement of the assets and protected liabilities of the eligible scheme calculated in accordance with these Regulations and guidance issued by the Board in accordance with Article 127(6) of the Order;
a statement that the valuation was prepared in accordance with these Regulations and any guidance issued by the Board in accordance with Article 127(6);
a statement that the valuation does not take effect until the valuation has become binding;
a statement that the person who prepared the valuation is an appropriate person;
the effective date and the date of issue of the valuation;
the name, address and pension scheme registration number of the scheme;
the name and address of the appropriate person who prepared and signed the Article 127 valuation;
the names and contact details of the trustees or managers of the eligible scheme.
Where an Article 127 valuation becomes binding, the notice which the Board must issue under Article 129(4) shall be in writing and shall contain the following information –
the name or type of notice issued;
the date on which the notice is issued;
the name, address and pension scheme registration number of the scheme in respect of which the notice is issued;
a statement that the valuation under Article 127(2) has become binding;
the date on which the approval of valuation notice was issued;
the name of the employer in relation to the scheme in respect of which the notice is issued;
whether the notice issued by the Board contains any restricted information and, if so, the nature of the restriction.
Annotations
Commencement
- I1
Reg. 9 in operation at 6.4.2005, see reg. 1(1)