Paragraph 3 I1I2
(1)
Section 222 (the statutory funding objective) is amended as follows.
(2)
After subsection (2) insert—
“(2A)The scheme's technical provisions shall be calculated in a way that is consistent with the scheme's funding and investment strategy, as set out in the scheme's statement of strategy.”
(3)
In subsection (3)(b), after “in a prescribed manner and” insert “ , subject to subsection (2A), ”.
Annotations
Commencement
- I1
Sch. 10 para. 3 in force at Royal Assent for specified purposes, see s. 131(3)(b)
- I2
Sch. 10 para. 3 in force at 6.4.2024 in so far as not already in force by S.I. 2024/451, reg. 2(b) (with reg. 3)