Paragraph 3 I1I2
(1)
Article 201 (the statutory funding objective) is amended as follows.
(2)
After paragraph (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 paragraph (3)(b), after “in a prescribed manner and” insert “ , subject to paragraph (2A), ”.
Annotations
Commencement
- I1
Sch. 11 para. 3 in force at Royal Assent for specified purposes, see s. 131(3)(c)
- I2
Sch. 11 para. 3 in force at 6.4.2024 in so far as not already in force by S.R. 2024/89, art. 2(b) (with art. 3)